Is Medina, OH 44256 a buyer’s or seller’s market?
Medina is a seller’s market. With about 2 months of supply and 41% 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.
More competitive than 88% of U.S. ZIP codes, and #50 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Medina housing market right now
In the three months ending August 31, 2026, 41% of homes in Medina, OH 44256 sold above their list price, the typical home went under contract in 12 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 257 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (40% then), homes sold faster (16 days then) and the median sale price rose 15% to $421,318. Overall, Medina is about as competitive as it was a year ago.
Within Medina County, homes here sell faster than in 73% of the county’s ZIP codes, and sell less often over asking than in 55%. On our competition score, Medina ranks #50 of 489 OH ZIP codes with enough sales (score 83 out of 100).
Nearby, buyers who want less competition could look at Valley City 44280 (20% sold over asking) or Chippewa Lake 44215 (27% sold over asking), while Litchfield 44253 (56% sold over asking) and Brunswick 44212 (54% sold over asking) are even more competitive.
Run the numbers for 44256
Nearby markets
Brunswick 44212Seller’s market $202 /sq ftChippewa Lake 44215Seller’s market $199 /sq ftHinckley 44233Seller’s market $263 /sq ftHomerville 44235 $224 /sq ft Browse all markets →Towns like Medina nearby
Find towns like Medina in other states →Where Medina is
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Questions about Medina real estate
Is Medina a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Medina, OH 44256 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 Medina?
The typical home went under contract in 12 days in the latest three months.
Do homes in Medina sell over asking?
41% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Medina?
About 1.24% of a home’s value a year in Medina County, or roughly $4,960 on a $400,000 home.
What is the median home price in Medina?
The median sale price was $421,318 in the three months ending August 31, 2026, about $200 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