| June 2026 Real Estate Update |
June 2026 Real Estate Update |
As we reach the midpoint of 2026, the Northeast Ohio housing market continues to challenge some of the stories making national headlines. May’s numbers show more homes available across all four counties, but they also show prices holding firm: average price per square foot increased year-over-year in Cuyahoga, Summit, Medina, and Stark, while sale-to-list ratios remained at or above 100%. For buyers, growing inventory may create more choices and a little more room to plan carefully—but financial preparation is still essential when the right home becomes available. For sellers, strong prices do not mean every listing will succeed automatically. The first few weeks on the market can have an outsized impact on the final result. This month’s newsletter looks beyond the headlines to help you understand what today’s market may mean for your plans: 🔹 Local Market Snapshot 🔹 Get Mortgage-Ready in 5 Steps – How first-time buyers can prepare before beginning their search 🔹 The First Four Weeks Matter Most – Why a listing’s initial price and launch can shape the entire sale 🔹 Are Home Prices Going to Fall? – What decades of housing data can teach us about short-term changes 🔹 Is a Housing Crash Coming in 2026? – A closer look at expert predictions behind the alarming headlines Whether you’re preparing to buy, considering a sale, or simply watching the market, it helps to separate broad national predictions from what is actually happening here at home. If you’d like a personalized market update, help creating a buying plan, or a no-pressure conversation about what your home could sell for, I’m always here to help. Wishing you a wonderful start to summer and plenty of confidence as you consider what comes next. |
As we reach the midpoint of 2026, the Northeast Ohio housing market continues to challenge some of the stories making national headlines. May’s numbers show more homes available across all four counties, but they also show prices holding firm: average price per square foot increased year-over-year in Cuyahoga, Summit, Medina, and Stark, while sale-to-list ratios remained at or above 100%. For buyers, growing inventory may create more choices and a little more room to plan carefully—but financial preparation is still essential when the right home becomes available. For sellers, strong prices do not mean every listing will succeed automatically. The first few weeks on the market can have an outsized impact on the final result. This month’s newsletter looks beyond the headlines to help you understand what today’s market may mean for your plans: 🔹 Local Market Snapshot 🔹 Get Mortgage-Ready in 5 Steps – How first-time buyers can prepare before beginning their search 🔹 The First Four Weeks Matter Most – Why a listing’s initial price and launch can shape the entire sale 🔹 Are Home Prices Going to Fall? – What decades of housing data can teach us about short-term changes 🔹 Is a Housing Crash Coming in 2026? – A closer look at expert predictions behind the alarming headlines Whether you’re preparing to buy, considering a sale, or simply watching the market, it helps to separate broad national predictions from what is actually happening here at home. If you’d like a personalized market update, help creating a buying plan, or a no-pressure conversation about what your home could sell for, I’m always here to help. Wishing you a wonderful start to summer and plenty of confidence as you consider what comes next. |
MARKET STATS- May 2026 Single Family Residential |
MARKET STATS- May 2026 Single Family Residential |
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Cuyahoga County Avg Price/Sq Ft: $180 (+7% to LY) Sale to List Price Ratio: 100% # Active Listing: 2226 (+5% to LY) # Houses Sold: 1105 (+1% to LY) Months Supply: 2.0 |
Cuyahoga County Avg Price/Sq Ft: $180 (+7% to LY) Sale to List Price Ratio: 100% # Active Listing: 2226 (+5% to LY) # Houses Sold: 1105 (+1% to LY) Months Supply: 2.0 |
| Summit County Avg Price/Sq Ft: $170 (+2% to LY) Sale to List Price Ratio: 100% # Active Listings: 888 (+7% to LY) # Houses Sold: 511 (flat to LY) Months Supply: 1.7 |
Summit County Avg Price/Sq Ft: $170 (+2% to LY) Sale to List Price Ratio: 100% # Active Listings: 888 (+7% to LY) # Houses Sold: 511 (flat to LY) Months Supply: 1.7 |
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Medina County Avg Price/Sq Ft: $217 (+10% to LY) Sale to List Price Ratio: 100.5% # Active Listings: 249 (+6% to LY) # Houses Sold: 162 (flat to LY) Months Supply: 1.5 |
Medina County Avg Price/Sq Ft: $217 (+10% to LY) Sale to List Price Ratio: 100.5% # Active Listings: 249 (+6% to LY) # Houses Sold: 162 (flat to LY) Months Supply: 1.5 |
| Stark County Avg Price/Sq Ft: $162 (+1% to LY) Sale to List Price Ratio: 100% # Active Listing: 579 (+12% to LY) # Houses Sold: 350 (-8% to LY) Months Supply: 1.7 |
Stark County Avg Price/Sq Ft: $162 (+1% to LY) Sale to List Price Ratio: 100% # Active Listing: 579 (+12% to LY) # Houses Sold: 350 (-8% to LY) Months Supply: 1.7 |
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You don’t have to be ready to make an offer tomorrow to start preparing for homeownership today. From learning which loan programs may be available to understanding what lenders will review, a few early conversations could help you avoid surprises—and put you in a stronger position when the right home appears. |
You don’t have to be ready to make an offer tomorrow to start preparing for homeownership today. From learning which loan programs may be available to understanding what lenders will review, a few early conversations could help you avoid surprises—and put you in a stronger position when the right home appears. |
A home receives its greatest wave of attention when it first reaches the market. What happens during those opening weeks can influence buyer perception, negotiating power, and even the final sale price. This article explores why the initial launch matters so much—and what sellers risk when they plan to “test the market.” |
A home receives its greatest wave of attention when it first reaches the market. What happens during those opening weeks can influence buyer perception, negotiating power, and even the final sale price. This article explores why the initial launch matters so much—and what sellers risk when they plan to “test the market.” |
News of price declines in a few markets can make buyers wonder whether purchasing a home now is too risky. But what happens when you step back from the monthly headlines and look at housing values across several decades? The bigger picture may provide some helpful perspective for anyone worried about buying at the wrong time. |
News of price declines in a few markets can make buyers wonder whether purchasing a home now is too risky. But what happens when you step back from the monthly headlines and look at housing values across several decades? The bigger picture may provide some helpful perspective for anyone worried about buying at the wrong time. |
“Crash” is one of the most attention-grabbing words in real estate—and one of the most unsettling for homeowners and buyers. This article examines the conditions that typically cause a housing crash, how today’s market compares, and what experts currently expect for the remainder of 2026. |
“Crash” is one of the most attention-grabbing words in real estate—and one of the most unsettling for homeowners and buyers. This article examines the conditions that typically cause a housing crash, how today’s market compares, and what experts currently expect for the remainder of 2026. |
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| | Outstanding Ohio is brought to you by Erin Johnson, eXp Realtor |
Outstanding Ohio is brought to you by Erin Johnson, eXp Realtor |
Erin's mission is to be Ohio's most Resourceful Realtor by providing the resources to help people buy and sell houses and live their best lives in the outstanding state of Ohio. Erin specializes in assisting clients in Copley/Fairlawn/Bath and Summit County, but is willing and able to serve most of Northeast Ohio. If you live outside of this area, she can refer you to an experienced agent who can serve you.
If you are thinking about buying or selling and would like a free consultation or home valuation, call/text 330-227-4355 or email erin@outstandingohio.com. |
Erin's mission is to be Ohio's most Resourceful Realtor by providing the resources to help people buy and sell houses and live their best lives in the outstanding state of Ohio. Erin specializes in assisting clients in Copley/Fairlawn/Bath and Summit County, but is willing and able to serve most of Northeast Ohio. If you live outside of this area, she can refer you to an experienced agent who can serve you.
If you are thinking about buying or selling and would like a free consultation or home valuation, call/text 330-227-4355 or email erin@outstandingohio.com. |
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2857 Riviera Rd Suite 201- Fairlawn, OH 44333 |
2857 Riviera Rd Suite 201- Fairlawn, OH 44333 |
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