Ravenna, OH
Full City Profile · Ohio · Portage County County
3.6
/5.0
B+
Good
11,286
Population
2,005/sq mi density
$52,368
Median Income
$30,564 per capita
$129,400
Home Value
$209,950 Zillow
$885
Median Rent
41.6% income on rent
49°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$52,368 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$129,400 home value, $885/mo rent
C+
Education
2.6 / 5.0
20.4% bachelor's degree or higher
Housing Overview
Median Home Value
$129,400
54% below
US avg: $281,900
Median Rent
$885/mo
24% below
US avg: $1,163/mo
Homeownership Rate
49.8%
24% below US avg (65.4%)
Total Housing Units
5,483
Median year built: 1960
Home Value by Source
Census Median
$129,400
Zillow (ZHVI)
$209,950
Median Sale Price
$292,400
Median List Price
$159,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
49.8%
Owner-Occupied
50.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$885/mo
Market Indicators (Redfin)
Median Days on Market
12 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
23.5%
of listings with price reduction
Price Per Sq Ft
$164
Active Inventory
17
homes for sale
Affordability & Housing Stock
Rent Burden
41.6%
of renters spending 30%+ of income on housing
34% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
49.8%
Complete Housing Data
Home Values
| Census Median Value | $129,400 |
| Zillow Home Value (ZHVI) | $209,950 |
| Median Sale Price | $292,400 |
| Median List Price | $159,900 |
| Price Per Sq Ft | $164 |
Rent
| Census Median Rent | $885 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 12 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.5% |
| Homes Sold | 1 |
| Active Inventory | 17 |
| Price Per Sq Ft | $164 |
Ownership & Stock
| Owner-Occupied | 49.8% |
| Renter-Occupied | 50.2% |
| Homeownership Rate | 49.8% |
| Total Housing Units | 5,483 |
| Median Year Built | 1960 |
| Rent Burden | 41.6% |
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