How much do homeowners pay a month in Coventry Township, OH?
Homeowners with a mortgage in Coventry Township, OH pay a median of $1,355 (±$85) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $529 (±$46).
62.6% of owned homes carry a mortgage.
In Coventry Township, the median monthly cost with a mortgage went from $1,133 in 2015–2019 to $1,355 in 2020–2024 (+19.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,355 (±$85)
- Without a mortgage
- $529 (±$46)
- Owned with a mortgage
- 62.6%
Monthly owner costs in Coventry Township
| Coventry Township | Summit County | Ohio | United States | |
|---|---|---|---|---|
| With a mortgage | $1,355 (±$85) | $1,470 (±$17) | $1,517 (±$5) | $1,963 |
| Without a mortgage | $529 (±$46) | $599 (±$9) | $588 (±$2) | $638 |
| Owned homes with a mortgage | 62.6% (±7.1 points) | 63.6% (±0.8 points) | 60.6% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,025 (±$291) | $3,195 (±$48) | $2,822 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Coventry Township, the median cost with a mortgage is lower than in Summit County ($1,470).
It is also lower than in Ohio ($1,517).
It is lower than the national figure ($1,963).
In Summit County, Coventry Township ranks 24 of 35 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1105 of 2,330.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Coventry Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,133 (±$48) | $1,355 (±$85) | +19.6% | No measurable change after inflation |
| Median real estate taxes | $2,404 (±$234) | $3,025 (±$291) | +25.8% | No measurable change after inflation |
| Median home value | $129,400 (±$7,544) | $165,700 (±$8,324) | +28.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Coventry Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Coventry Township | — | $1,355 (±$85) | — |
| Portage Lakes | 0.4 mi | $1,307 (±$139) | Not measurably different |
| Barberton | 3.6 mi | $1,083 (±$45) | Lower |
| New Franklin | 4.4 mi | $1,524 (±$67) | Higher |
| Green | 4.8 mi | $1,839 (±$106) | Higher |
| Springfield Township (Summit County) | 5.0 mi | $1,245 (±$82) | Not measurably different |
| Akron | 5.3 mi | $1,141 (±$25) | Lower |
| Sawyerwood | 5.3 mi | $1,084 (±$400) | Not measurably different |
| Lakemore | 5.9 mi | $1,337 (±$146) | Not measurably different |
Nearby places with a measurably lower figure: Barberton, OH ($1,083), Akron, OH ($1,141).
Nearby places with a measurably higher figure: New Franklin, OH ($1,524), Green, OH ($1,839).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Summit County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 18 | Fairlawn | $1,588 (±$204) |
| 19 | Northfield Center Township | $1,581 (±$176) |
| 20 | New Franklin | $1,524 (±$67) |
| 21 | Richfield | $1,496 (±$589) |
| 22 | Munroe Falls | $1,455 (±$121) |
| 23 | Norton | $1,360 (±$47) |
| 24 | Coventry Township | $1,355 (±$85) |
| 25 | Cuyahoga Falls | $1,349 (±$37) |
| 26 | Lakemore | $1,337 (±$146) |
| 27 | Northfield | $1,335 (±$146) |
| 28 | Portage Lakes | $1,307 (±$139) |
| 29 | Springfield Township (Summit County) | $1,245 (±$82) |
| 30 | Mogadore | $1,221 (±$57) |
Showing 13 of 35 places in Summit County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Coventry Township
What is the average mortgage payment in Coventry Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Coventry Township, OH is $1,355 (±$85) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Coventry Township?
Owners without a mortgage in Coventry Township pay a median of $529 (±$46) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Coventry Township gone up?
In Coventry Township, the median monthly cost with a mortgage went from $1,133 in 2015–2019 to $1,355 in 2020–2024 (+19.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Coventry township, Summit County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Coventry township, Summit County, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Coventry township, Summit County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Coventry township, Summit County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Coventry township, Summit County, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Coventry township, Summit County, Ohio (county subdivision:19036, in state:39 county:153).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Coventry Township at a glance
- Median rent in Coventry Township
- Rent by bedrooms in Coventry Township
- Rent burden in Coventry Township
- Renters and owners in Coventry Township
- Income and affordability in Coventry Township
- Home values in Coventry Township
- Property taxes in Coventry Township
- Types of homes in Coventry Township
- Bedrooms in Coventry Township
- Age of homes in Coventry Township
- Vacancy rate in Coventry Township
- Heating fuel in Coventry Township
- Commute and cars in Coventry Township
- Population growth in Coventry Township
- How long people stay in Coventry Township
- Crowding and facilities in Coventry Township
- Fair Market Rent in Coventry Township
- Ohio landlord and tenant rules
- Housing across Summit County
- Housing data for every place in Ohio