Housing in Sullivan

A typical Sullivan home is worth roughly $280,000

Home prices around Sullivan have risen about 44% over the past 5 years.

#140Vacation-home towns in OH All OH rankings →

Typical home value

$280K

▲ 8.9% in a year · OH $249K

Estimate

2-bedroom rent

$1,070

a month, utilities in · HUD

Median tax bill

$1,442

OH $2,822

What kind of housing town is Sullivan?

Read from the numbers below. The page puts what stands out first.

Prices climbing fastUp 8.9% in a year.A town of owners89% of households own their home.

★ What stands out · Price trend

Home prices up 44% in 5 years

The federal house price index for the ZIP code around Sullivan rose 44% over the past 5 years, slower than across Ohio (53%). Last year prices rose 8.9%. Carrying the Census median home value forward with that index puts the typical Sullivan home at roughly $280,000 today.

Sullivan areaOhio

+8.9%

past year

+44%

past 5 years

+66%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $280K.

How Sullivan ranks on rising home prices →

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

The homes

89% of Sullivan households own their home

Half of Sullivan’s homes were built before 1987.

Owners and renters

Own 89%Rent 11%

Ohio: 67% own.

1987

typical home built · OH 1970

$1,442

median property tax bill · OH $2,822

0.70%

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

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

Affordability

A typical home costs 4.1 years of income

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

You could afford about

$272,000

Typical Sullivan home $280K

That’s $7K short of a typical Sullivan home.

The typical home, each month

$1,630

Loan $1,380Tax $160Insurance $80

A two-bedroom rents for about $1,070 a month here, $560 less than owning.

How Sullivan ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Sullivan’s typical property tax (0.70% 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 $1,070

Fair Market Rent a month, utilities included

Studio$770

1 bedroom$860

2 bedrooms$1,070

3 bedrooms$1,370

4 bedrooms$1,560

11%

of households rent · OH 33%

renter households

73%

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

19%

of the median income, for a two-bedroom

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

Neighbors talk housing

What Sullivan buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Sullivan 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.