Is Summerfield, OH 43788 a buyer’s or seller’s market?
Summerfield is a seller’s market. With about 3.2 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Summerfield housing market right now
In the three months ending August 31, 2026, 50% of homes in Summerfield, OH 43788 sold above their list price, the typical home went under contract in 87 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold faster (127 days then) and the median sale price rose 24% to $145,937. Overall, Summerfield is less competitive than a year ago, which gives buyers more room.
Within Noble County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Lower Salem 45745 (0% sold over asking) or Dexter City 45727 (0% sold over asking).
Run the numbers for 43788
Nearby markets
Caldwell 43724Seller’s market $145 /sq ftDexter City 45727 — /sq ftLower Salem 45745 $85 /sq ftPleasant City 43772Seller’s market $96 /sq ft Browse all markets →Where Summerfield is
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Questions about Summerfield real estate
Is Summerfield a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Summerfield, OH 43788 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Summerfield?
The typical home went under contract in 87 days in the latest three months.
Do homes in Summerfield sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Summerfield?
About 0.72% of a home’s value a year in Noble County, or roughly $2,880 on a $400,000 home.
What is the median home price in Summerfield?
The median sale price was $145,937 in the three months ending August 31, 2026, about $94 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology