Home prices
The median home in Summerfield is valued at $63,300. In comparison to other places in this area it is approximately $14,300 (18%) lower.It is roughly $154,200 (70%) lower in comparison to the entire nation, and is approximately $19,100 (23%) lower compared to the city of Akron.
Rents
The median monthly rent in Summerfield is $725. Compared to the surrounding areas it is about $146 (25%) higher.In comparison to the nation as a whole it is about $337 (31%) lower, and it is about $34 (4%) lower in comparison to the city of Akron.
Nearby places
Stafford
Stafford is approximately 6 miles southeast from Summerfield. Real estate prices there are fairly similar. Stafford's median home value is $65,000, which comes out to $1,700 (2%) higher than Summerfield. Its rents are somewhat less expensive. In Stafford the median rent is $675 a month, which is $50 (7%) lower than Summerfield.
Caldwell
Caldwell is approximately 8 miles southwest from Summerfield. The real estate prices there are somewhat more expensive. The median home in Caldwell is valued at $87,300, which works out to $24,000 (27%) higher than Summerfield. Rents there are a little less expensive. Caldwell's median rent is $635 a month, which comes out to $90 (14%) lower than Summerfield.
Belle Valley
Belle Valley is roughly 10 miles west of Summerfield. Housing prices there are a little more expensive. The median home in Belle Valley costs $66,900, which works out to $3,600 (5%) higher than Summerfield. Rent there is substantially less expensive. The median rent in Belle Valley is $475 a month, which comes out to $250 (52%) lower than Summerfield.
Woodsfield
Woodsfield is approximately 10 miles east from Summerfield. The housing prices there are a little more expensive. The median home cost in Woodsfield is $92,800, which works out to $29,500 (31%) higher than Summerfield. Rents there are significantly less expensive. Woodsfield's median monthly rent is $516, which works out to $209 (40%) lower than Summerfield.
Senecaville
Senecaville is roughly 10 miles northwest from Summerfield. The housing prices there are a bit more expensive. The median home price in Senecaville is $76,000, which works out to $12,700 (16%) higher than Summerfield. The rent there is a bit less expensive. The median monthly rent in Senecaville is $595, which works out to $130 (21%) lower than Summerfield.