Median real estate price in the City Center of Ravenna is $123,708, which is more expensive than 49.9% of the neighborhoods in Ohio and 27.7% of the neighborhoods in the U.S.
The average rental price in Ravenna City Center is currently $738, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.9% of Ohio neighborhoods.
Ravenna City Center is a suburban neighborhood (based on population density) located in Ravenna, Ohio.
Real estate in the City Center of Ravenna, OH is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Ravenna City Center has a 13.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.