How much is your home in Medina worth?
Our most senior residential appraiser actually trained in Medina for the first many years of his appraisal career. He did his apprenticeship with a well-respected Medina appraiser who taught him much about the history of real estate in Medina and the intricacies of each pocket of homes in Medina county - which amenities and locations were more desirable to residents and why. His in-depth knowledge of the Medina real estate market helps to ensure that our appraisals in Medina County take into account the complexities of arriving at the value of your Medina home. To read additional details about the less obvious factors impacting your home’s value, see our Property Values in Cleveland Area Communities page.
Medina is home to 26,551 residents, located only 33 miles south of Cleveland and 23 miles west of Akron. This convenient location makes for short commutes to jobs, airports, sporting events, entertainment, shopping, colleges, and universities. Founded in 1818 and incorporated as a village in 1835, the City of Medina enjoys a long and rich history that is evident in the restored Victorian architecture of its picturesque Public Square. A visit to Medina's historic Square can feel like taking a step back in time, a feeling that attracts tourists and residents to its unique shops, fine restaurants, and many special events. Despite being proud of its history, time has not stood still in Medina and this bustling city serves as the County Seat for one of the fastest growing and most prosperous counties in northeastern Ohio.
The median home value in Medina is $154,200, representing a 13% increase in 5 year home sale prices, while the unemployment rate in Medina is 5.2% (less than the national average). Recent job growth is positive with a business community made up of high tech industry, advanced polymer products, green industry, and a robust Medical sector. No doubt these all played a factor when Money Magazine's ranked Medina 40th on the list of "America's best small town" in the top 100 best places to live. Compared to other cities in the survey, The City is ranked high due to its low crime rate, excellent schools, affordable housing, general low cost of living (ranging 12-20% below the national average), and a tremendous local and regional health care system.
Some notable statistics about Medina from the 2015 Cleveland Magazine’s Rating the Suburbs edition:
- Safety Rank: 32 out of 76
- Education Rank: 23 out of 57
- Number of Homes Sold: 297
- Owner-Occupied Housing Units: 70.1%
- Total Community Services: 14 out of the 15 listedRoads with sidewalks: 96.8% - one of the highest in the Cleveland suburbs