Market Overview
Home Prices in Fairport Harbor, OH
The median home value in Fairport Harbor, OH is $193,243 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fairport Harbor are priced53% below average. Fairport Harbor is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Fairport Harbor home values have risen by approximately36.0%, reflecting strong long-term appreciation in this market.
Price History
Fairport Harbor Home Price Trend
City Comparison
Fairport Harbor vs. National Median
At $193,243, homes in Fairport Harbor cost 53% below the national median of $410,000. This makes Fairport Harbor a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fairport Harbor?
20% Down Payment
$38,649
on $193,243
Monthly P&I
$1,008/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,280/mo
incl. taxes & insurance
Income Needed
$51,200
gross annual (30% rule)
10% Down Option
$19,324
+ PMI applies
Loan Amount (20% dn)
$154,594
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fairport Harbor, OH?
The median home value in Fairport Harbor is $193,243 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Fairport Harbor?
Over the past year, home values in Fairport Harbor have increased by 5.3%. Over five years, prices have risen approximately 36.0%.
How much do I need to earn to buy a home in Fairport Harbor?
To comfortably afford the median home price of $193,243 with a 20% down payment ($38,649) at today's rates (6.8%), you'd need a gross annual income of approximately $51,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairport Harbor compare to the national average home price?
The national median home value is approximately $410,000. At $193,243, homes in Fairport Harbor are 53% below the national average.
What metro area is Fairport Harbor part of?
Fairport Harbor is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.