Housing in Suffield

A typical Suffield home is worth roughly $271,000

Home prices around Suffield have risen about 48% over the past 5 years.

Typical home value

$271K

▲ 3.4% in a year · OH $249K

Estimate

2-bedroom rent

$1,240

a month, utilities in · HUD

Median tax bill

$2,592

OH $2,822

Price trend

Home prices up 48% in 5 years

The federal house price index for the ZIP code around Suffield rose 48% over the past 5 years, slower than across Ohio (53%). Last year prices rose 3.4%. Carrying the Census median home value forward with that index puts the typical Suffield home at roughly $271,000 today.

Suffield areaOhio

+3.4%

past year

+48%

past 5 years

+84%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $271K.

How Suffield ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Suffield, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 4.4 years of income

More than across Ohio (3.5 years). Try your own numbers below.

You could afford about

$232,000

Typical Suffield home $271K

That’s $39K short of a typical Suffield home.

The typical home, each month

$1,690

Loan $1,340Tax $270Insurance $80

A two-bedroom rents for about $1,240 a month here, $450 less than owning.

How Suffield ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Suffield’s typical property tax (1.20% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,240

Renters already here pay a median of $1,077, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$880

1 bedroom$960

2 bedrooms$1,240

3 bedrooms$1,510

4 bedrooms$1,640

30%

of households rent · OH 33%

128

renter households

41%

of renters spend 30%+ of income on rent · OH 46%

24%

of the median income, for a two-bedroom

$1,077

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Akron, OH MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

70% of Suffield households own their home

Half of Suffield’s homes were built before 1974.

Owners and renters

Own 70%Rent 30%

Ohio: 67% own.

1974

typical home built · OH 1970

$2,592

median property tax bill · OH $2,822

1.20%

of a home’s value, a year in tax · OH 1.31%

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What Suffield buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Suffield still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.