In Macedonia, a typical home is worth $308,500 and typical rent is $2,190 a month. Compared with all of Summit County, typical rent is 113% higher, the typical home value is 48% higher, and the share of households that own their home is 23 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $275,142 to $346,847.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Macedonia is in Summit County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Summit County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical rent in Macedonia is $2,190 a month, 113% more than in Summit County as a whole ($1,026).
2
Nearby, in Bedford, the typical home value is $135,200: 56% less than in Macedonia ($308,500).
3
Nearby, in Bedford, the typical rent is $1,059: 52% less than in Macedonia ($2,190).
4
90% of households in Macedonia own their home, against 68% in Summit County.
5
The typical home in Macedonia is worth $308,500,48% more than in Summit County as a whole ($208,700).
6
The typical household income in Macedonia is $101,285,41% more than in Summit County as a whole ($71,622).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Macedonia
What homes there are in Macedonia, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Macedonia
Summit County
Ohio
United States
Kind of home: Macedonia and its comparisons
Measure
Macedonia
Summit County
Ohio
United States
Detached house
83%
71%
69%
61%
Attached house
10%
6%
5%
6%
Building of 2 to 4
Unreliable estimate
7%
8%
8%
Apartments (5 or more)
Unreliable estimate
15%
15%
19%
Mobile home
Unreliable estimate
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Macedonia: 83% of homes, more than in Summit County (71%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Macedonia
Summit County
Ohio
United States
Year built: Macedonia and its comparisons
Measure
Macedonia
Summit County
Ohio
United States
Before 1960
21%
43%
38%
26%
1960–1979
18%
26%
26%
24%
1980–1999
27%
19%
20%
25%
2000–2009
18%
8%
10%
14%
2010 or later
15%
5%
7%
11%
Homes in Macedonia are newer: the typical year built is 1990; in Summit County, 1966.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K10%
$200K–$300K34%
$300K–$500K48%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Macedonia and its comparisons
Measure
Macedonia
Under $100K
Unreliable estimate
$100K–$200K
10%
$200K–$300K
34%
$300K–$500K
48%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Macedonia and its comparisons
Measure
Macedonia
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,864 a month
Summit County: $1,470 a month
Without a mortgage
$791 a month
Summit County: $599 a month
Owners with a mortgage
68%
Summit County: 64%
In Macedonia, 68% of owners have a mortgage, and their typical cost is $1,864 a month, against $1,470 in Summit County. Without one it drops to $791.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Macedonia+38%
Summit County+42%
Ohio+47%
United States+53%
Typical rent
MacedoniaUnreliable
Summit County+25%
Ohio+28%
United States+33%
Typical household income
MacedoniaNo clear change
Summit County+25%
Ohio+26%
United States+29%
Change since 2015–2019: Macedonia and its comparisons
Measure
Macedonia
Summit County
Ohio
United States
Typical home value
+38%
+42%
+47%
+53%
Typical rent
Unreliable estimate
+25%
+28%
+33%
Typical household income
No clear change
+25%
+26%
+29%
Homes in Macedonia gained value more slowly than in Summit County: 38% since 2015–2019, against 42%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Macedonia and its comparisons
Measure
Macedonia
Summit County
Ohio
United States
Rental vacancy
Unreliable estimate
3.4%
4.4%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
0.8%
0.9%
More than one person per room
Unreliable estimate
1.0%
1.5%
3.4%
People per household
2.61
2.29
2.37
2.53
Drive alone
77%
75%
75%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
15%
15%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Macedonia are bigger: 2.61 people on average; in Summit County, 2.29.
The car rules in Macedonia: 77% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.
Do the math
What would you pay each month for a home in Macedonia?
A typical home is tight for the typical income
We start with a typical home in Macedonia, worth $308,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 32% of the typical household income in Macedonia, which is $101,285 a year. For that payment to be 28% of income, a household would need to earn about $114,946 a year.
The calculator's FHA and conventional loan limits are those of all of Summit County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Macedonia. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $10,798 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,682
at 7.18% · 30 years
Loan amount
$302,912
Total interest
$435,819
Paid off in
November 2056
Includes $5,210 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,363 a month
Tight
$2,363 to $3,039 a month
Your payment · 32%
Hard
more than $3,039 a month
Compared with the typical household income in Macedonia ($101,285 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,052
Property tax
$365
Home insurance
$129
FHA mortgage insurance (MIP)
$136
You need at least $10,798 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,682; principal and interest $2,052.
The city and its county
Macedonia and Summit County
Macedonia is in Summit County, Ohio. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Macedonia
Map of Summit County, Ohio, with Macedonia marked. Around it, the neighboring counties.
Macedonia
Summit County
Other cities with a page
Macedonia's own numbers
Typical home value
$308,500
Typical monthly rent
$2,190
Typical yearly household income
$101,285
Households that own their home
90%
Effective property tax rate
1.42%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Summit County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,231
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Summit County.
A typical home in Macedonia is worth $308,500: 48% above the county and 44% above Ohio. With the typical household income in Macedonia ($101,285 a year), a typical home costs 3.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Macedonia3.0 years
Summit2.9 years
Ohio3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Summit County
According to FHFA’s house price index, home prices in Summit County rose 87% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Summit County.
Yearly change in FHFA’s price index in Summit County, 2016 to 2025
2016: +3.0% +3.0% 2016
2017: +4.3% +4.3% 2017
2018: +5.5% +5.5% 2018
2019: +4.5% +4.5% 2019
2020: +4.3% +4.3% 2020
2021: +10.6% +10.6% 2021
2022: +13.5% +13.5% 2022
2023: +7.3% +7.3% 2023
2024: +8.1% +8.1% 2024
2025: +3.9% +3.9% 2025
Change in FHFA’s price index in Summit County, Ohio and the United States
Period
County
Ohio
U.S.
Last year (2025)
+3.9%
+4.8%
+2.9%
5 years (2020–2025)
+51%
+53%
+47%
10 years (2015–2025)
+87%
+93%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Macedonia next to Summit County, Ohio and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Macedonia$308,500
Summit$208,700
Ohio$214,800
United States$332,700
Typical monthly rent
Macedonia$2,190
Summit$1,026
Ohio$1,034
United States$1,413
Typical yearly household income
Macedonia$101,285
Summit$71,622
Ohio$71,389
United States$80,734
See the full table
Macedonia next to Summit County and Ohio
Measure
Macedonia
Summit County
Ohio
U.S.
Typical home value
$308,500 ▲48% above the county
$208,700
$214,800
$332,700
Typical monthly rent
$2,190 ▲113% above the county
$1,026
$1,034
$1,413
Typical yearly household income
$101,285 ▲41% above the county
$71,622
$71,389
$80,734
Households that own their home
90% ▲23 points above the county
68%
67%
65%
Typical yearly property tax
$4,393 ▲37% above the county
$3,195
$2,822
$3,119
Effective property tax rate
1.42% ▼0.11 points below the county
1.53%
1.31%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Summit County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Macedonia
For a typical $308,500 home in Macedonia, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Macedonia's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,682a month
Least cash to close
Down payment
$10,798
Cash to close
$20,053
Rate
7.18%
Mortgage insurance
FHA MIP · $136
Conventional, 5% down$2,626a month
Down payment
$15,425
Cash to close
$24,680
Rate
7.18%
Mortgage insurance
PMI · $147
Conventional, 20% down, no PMI$2,166a month
Down payment
$61,700
Cash to close
$70,955
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,451a month
Down payment
$46,275
Cash to close
$55,530
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Macedonia
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,682
$10,798
$302,912
7.18%
FHA MIP · $136
$20,053
580
Conventional, 5% down
$2,626
$15,425
$293,075
7.18%
PMI · $147
$24,680
620*
Conventional, 20% down, no PMI
$2,166
$61,700
$246,800
7.18%
None
$70,955
620*
ITIN, 15% down (example)
$2,451
$46,275
$262,225
8.18%
None
$55,530
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Macedonia is $2,190 a month: 113% above the county.
HUD publishes a fair market rent for all of Summit County, by unit size. To pay the 2-bedroom one ($1,231 a month) without spending more than 30% of your income, you would need to earn $23.67 an hour working full time.
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 5 HUD-approved agencies with an office in Summit County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Macedonia or Summit County. The ones below are statewide in Ohio: they work in Macedonia the same as in the rest of the state.
Ohio state agency help of 2.5% or 5% of the price for the down payment, closing costs or other costs before closing, forgiven after seven years; if you sell sooner, you repay all of it.Offered by Ohio Housing Finance Agency (OHFA).
Ohio state agency certificate that turns part of your mortgage interest into a credit on your federal tax return, up to $2,000 a year: 40% with an OHFA mortgage (MTC Plus) or 15% to 20% with another mortgage (MTC Basic).Offered by Ohio Housing Finance Agency (OHFA).
No legal help resource on our list is for Macedonia or Summit County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Macedonia and all of Summit County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Macedonia?
The typical home value in Macedonia is $308,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Summit County it is $208,700.
How much does it cost to rent in Macedonia?
Typical rent in Macedonia is $2,190 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Summit County is $1,231.
What is the FHA loan limit in Macedonia?
Macedonia uses the FHA limit for all of Summit County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Macedonia?
The typical homeowner in Macedonia pays $4,393 a year, according to the U.S. Census Bureau. That is 1.42% of the home’s value; in Summit County, the rate is 1.53%.
Where can I find free help to buy or rent in Macedonia?
There are 5 HUD-approved counseling agencies with an office in Summit County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
