Novelty OH Commercial for Sale

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Novelty Real Estate

The median home value in Novelty, OH is $408,000. This is higher than the county median home value of $318,400. The national median home value is $338,100. The average price of homes sold in Novelty, OH is $408,000. Approximately 76.92% of Novelty homes are owned, compared to 20.83% rented, while 2.25% are vacant. Novelty real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Novelty real estate agent to arrange a tour today!

Novelty, Ohio has a population of 4,426. Novelty is more family-centric than the surrounding county with 41.72% of the households containing married families with children. The county average for households married with children is 34.64%.

The median household income in Novelty, Ohio is $96,103. The median household income for the surrounding county is $90,285 compared to the national median of $69,021. The median age of people living in Novelty is 48.1 years.

Novelty Weather

The average high temperature in July is 80.7 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 43.2 inches per year, with 76.3 inches of snow per year.

Novelty Real Estate Market Conditions

  • Median sales price

    $408,000
    13.4% change since last quarter
  • # Active listings

    2
    30-day change

Novelty Schools and Demographics

Education near Novelty, OH

Metric City County
High School Graduates 91.92 90.59
College Degree - 2 year 6.77 7.31
College Degree - 4 year 40.27 38.42
Graduate Degree 9.15 9.71
Expenditures per Student 15,619 15,619
Students per Teacher 18.2 18.2

Elementary Schools near Novelty, OH

School Grades Students P/T Ratio ZIP
Gates Mills Elementary School KG - 05 114 17 44040
Gurney Elementary School PK - 03 502 14.6 44022
Newbury Elementary School KG - 05 164 12.6 44065
Robert C Lindsey Elementary School PK - 05 336 20.1 44026
Westwood Elementary School KG - 05 413 19.4 44072

Middle Schools near Novelty, OH

School Grades Students P/T Ratio ZIP
Chagrin Falls Intermediate Elementary School 04 - 06 460 14.7 44022
Chagrin Falls Middle School 07 - 08 333 15.2 44022
West Geauga Middle School 06 - 08 486 19.4 44026

High Schools near Novelty, OH

School Grades Students P/T Ratio ZIP
Chagrin Falls High School 09 - 12 728 15.1 44022
Newbury High School 06 - 12 292 12.5 44065
West Geauga High School 09 - 12 781 19.3 44026

Demographics near Novelty, OH

Metric City County
Neighborhood Type Suburban
Population 4,426 95,408
Population Density 236 238
Median Age 48.1 44.6
People per Household 2.5 2.7
Median Household Income 96,103 90,285
Average Income per Capita 50,842 45,199