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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
50%
50%
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 Market12
Sale-to-List Ratio1.0%
Price Drops23.5%
Homes Sold1
Active Inventory17
Price Per Sq Ft$164

Ownership & Stock

Owner-Occupied49.8%
Renter-Occupied50.2%
Homeownership Rate49.8%
Total Housing Units5,483
Median Year Built1960
Rent Burden41.6%