Geauga County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$202,300

  • 0.8% 1-year change
  • 2.7% 1-year forecast

The median home value in Geauga County is $202,300. Geauga County home values have gone up 0.8% over the past year and Zillow predicts they will rise 2.7% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Geauga County 1.6 homes are foreclosed (per 10,000). This is lower than the Cleveland Metro value of 3.3 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Geauga County is 4.4%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Geauga County homeowners underwater on their mortgage is 10.5%, which is lower than Cleveland Metro at 19.9%.

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Relative ZHVI
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Geauga County Market Overview

Data through Jul 31, 2015
  • $202,300 ZHVI
  • 2.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $232,850 Median sale price (May 31, 2015)
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Geauga County Market Health

Data through Jul 31, 2015
  • 5.1/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 10.5% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.4% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2(Jun 30, 2015) Geauga County
3 Cleveland Metro
4 United States
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Cities in Geauga County

Name Median ZHVI
South Russell $296,800
Novelty $230,100
Chesterland $205,500
Name Median ZHVI
Newbury $173,500
Huntsburg $160,600
Montville $158,800
Name Median ZHVI
Middlefield $152,700
Burton $147,200
Chardon $143,000

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $111 Median sale price / sq ft
  • No data Listings with price cut
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Geauga County Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,592 Geauga County
    $1,150 Cleveland Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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