Summit County, OH
Market description generated from current MLS and U.S. Census data.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates
Source: FBI Crime Data Explorer (OH0772900)
Home prices in Ohio have risen 96% over the past 9 years, compared to 87% nationally.
Source: Federal Reserve Economic Data (FRED), FHFA All-Transactions House Price Index, Ohio vs national
| School District | Rating | Listings | Avg Price |
|---|---|---|---|
| Manchester LSD Summit- 7706 | 8 | $792,713 | |
| Coventry LSD | 7 | $376,914 |
School ratings from SchoolDigger.com
The median home price in New Franklin is $295,000, with active listings ranging from $45,000 to $4,495,000.
There are currently 15 active listings in New Franklin, Ohio.
The average price per square foot in New Franklin is $246, based on currently active listings.
New Franklin is served by Manchester LSD Summit- 7706, Coventry LSD.
New Franklin has a population of 13,830 residents with a median age of 47.5.
Homes in New Franklin average 2,434 square feet with 3.5 bedrooms and 2.7 bathrooms.
New Franklin has a 87.1% owner-occupied rate and a 4.2% vacancy rate. The median rent is $1,101.
The average commute time for New Franklin residents is 22.2 minutes.
| Address | Sold Price | Beds | Baths | Sq Ft | Sold Date |
|---|---|---|---|---|---|
| 4385 Rex Lake Dr, New Franklin | $284,500 | 3 | 2 | 1,000 | Aug 18, 2026 |
| 5862 Canterbury Rd, New Franklin | $294,000 | 3 | 3 | 1,820 | Aug 14, 2026 |
| 875 Dunning Rd, New Franklin | $438,900 | 3 | 3 | 1,966 | Aug 14, 2026 |
| 4534 Lahm Dr, New Franklin | $899,000 | 3 | 3 | 2,058 | Aug 12, 2026 |
| 2704 Lyman Dr, New Franklin | $225,000 | 3 | 1 | 1,008 | Aug 8, 2026 |
| 4160 State Park Dr, New Franklin | $385,000 | 3 | 3 | 1,740 | Jul 28, 2026 |
| 1366 Castalia Dr, New Franklin | $520,000 | 4 | 3 | 2,890 | Jul 21, 2026 |
| 4847 Manchester Rd, New Franklin | $310,000 | 3 | 2 | 1,373 | Jul 21, 2026 |
| 708 Fairwood Rd, New Franklin | $240,000 | 3 | 2 | 1,626 | Jul 17, 2026 |
| 3824 S Turkeyfoot Rd, New Franklin | $100,000 | 0 | 0 | Jul 16, 2026 |
Recently sold listings from the last 90 days, provided through the MLS IDX database. See full disclaimer below.
Steven Pannell
Licensed Ohio real estate agent · Key Realty
8+ years of experience
Licensed since 2017, with years of hands-on real estate investing experience before that. I became an agent to enhance my own investment knowledge, but discovered my true calling: guiding clients through one of life's biggest decisions. As a Certified Negotiation Expert (CNE), I bring both investor insight and proven negotiation skills to every transaction. Whether you're buying your first home or selling an investment property, you'll have an experienced advocate in your corner who understands the market from every angle.