Market Overview
Home Prices in Fairview Park, OH
The median home value in Fairview Park, OH is $292,668 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fairview Park are priced29% below average. Fairview Park is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Fairview Park home values have risen by approximately33.4%, reflecting strong long-term appreciation in this market.
Price History
Fairview Park Home Price Trend
City Comparison
Fairview Park vs. National Median
At $292,668, homes in Fairview Park cost 29% below the national median of $410,000. This makes Fairview Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fairview Park?
20% Down Payment
$58,534
on $292,668
Monthly P&I
$1,526/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,938/mo
incl. taxes & insurance
Income Needed
$77,520
gross annual (30% rule)
10% Down Option
$29,267
+ PMI applies
Loan Amount (20% dn)
$234,134
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 Fairview Park, OH?
The median home value in Fairview Park is $292,668 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Fairview Park?
Over the past year, home values in Fairview Park have increased by 3.5%. Over five years, prices have risen approximately 33.4%.
How much do I need to earn to buy a home in Fairview Park?
To comfortably afford the median home price of $292,668 with a 20% down payment ($58,534) at today's rates (6.8%), you'd need a gross annual income of approximately $77,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairview Park compare to the national average home price?
The national median home value is approximately $410,000. At $292,668, homes in Fairview Park are 29% below the national average.
What metro area is Fairview Park part of?
Fairview Park is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.