House Prices

House Prices & Home Values Novelty, OH 2026


Average Data

average house price$785,550
average size per house4537 ft²
average price per ft²174 $ / ft²

04/17/2026 - The value range (VR) for house prices in Novelty, OH is $154/ sqft to $154/ sqft. An average home with 4537 sqft costs approximately $698,698 to $698,698. Novelty, OH includes 1 ZIP codes and it is located in Geauga county. The lowest prices are found in ZIP 44072, while the highest are in ZIP 44072. The average price per sqare feet is $174. Our analysis is based on 21 property listings.

Avergage prices by ZIP codes Novelty

44072141 $ / ft²




Historical development of home values in Novelty

Year Estimated value (USD) Change vs. 2025
2010 $364,824 -53.6%
2011 $350,716 -55.4%
2012 $349,772 -55.5%
2013 $362,845 -53.8%
2014 $380,887 -51.5%
2015 $400,436 -49.0%
2016 $421,333 -46.4%
2017 $444,074 -43.5%
2018 $468,625 -40.3%
2019 $490,355 -37.6%
2020 $515,704 -34.4%
2021 $586,557 -25.3%
2022 $683,794 -13.0%
2023 $721,093 -8.2%
2024 $762,809 -2.9%
2025 $785,550 0.0%

Graph: estimated home values in Novelty over time (USD)



Example: 100% financing house in Novelty

Loan amount: $785,550

Interest rate: 6.00%

Fixed monthly payment: $4,709.77

Breakdown in the 1st month:
Interest portion: $3,927.75  –  Principal portion: $782.02

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $46,870.58 $9,646.65 $775,903.35
2 $46,275.60 $10,241.63 $765,661.72
3 $45,643.92 $10,873.31 $754,788.41
4 $44,973.28 $11,543.95 $743,244.46
5 $44,261.27 $12,255.96 $730,988.50
6 $43,505.35 $13,011.88 $717,976.62
7 $42,702.81 $13,814.42 $704,162.20
8 $41,850.76 $14,666.47 $689,495.73
9 $40,946.17 $15,571.06 $673,924.66
10 $39,985.78 $16,531.45 $657,393.21
11 $38,966.15 $17,551.08 $639,842.14
12 $37,883.64 $18,633.59 $621,208.55
13 $36,734.36 $19,782.87 $601,425.68
14 $35,514.20 $21,003.03 $580,422.65
15 $34,218.78 $22,298.45 $558,124.20
16 $32,843.46 $23,673.77 $534,450.43
17 $31,383.31 $25,133.92 $509,316.51
18 $29,833.11 $26,684.12 $482,632.38
19 $28,187.29 $28,329.94 $454,302.44
20 $26,439.96 $30,077.27 $424,225.17
21 $24,584.86 $31,932.37 $392,292.80
22 $22,615.34 $33,901.89 $358,390.91
23 $20,524.35 $35,992.88 $322,398.03
24 $18,304.38 $38,212.85 $284,185.18
25 $15,947.50 $40,569.73 $243,615.45
26 $13,445.25 $43,071.98 $200,543.47
27 $10,788.66 $45,728.57 $154,814.90
28 $7,968.22 $48,549.01 $106,265.89
29 $4,973.83 $51,543.40 $54,722.49
30 $1,794.74 $54,722.49 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Novelty, OH


1500 sqft3900 sqft
Ø selling price$315,810$671,814
Ø fast selling$287,100$604,633
Ø high price sale$344,520$738,996

In 2026, houses in Novelty, OH will be offered at an average price of $174 per square foot. A 1,500 sqft home priced at $315,810 is 21.00% more expensive per square foot than a 3,900 sqft home priced at $671,814. Home prices in Novelty, OH vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $465,103. Sellers who can wait longer may achieve a higher price of up to $568,459.

FAQ – Home Values in Novelty

What is the median home value in Novelty in 2026?

In 2026, the typical home value in Novelty is about $785,550 for an average home size of 4537 square feet. This corresponds to an average price of roughly $174 per square foot.

What is the average cost per square foot in Novelty?

In 2026, homes in Novelty sell for an average of around $174 per square foot, with a typical range between $154 and $154 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Novelty is about 4537 square feet, with an estimated 2026 value around $785,550.



Locations close to Novelty, OH

Oberlin, OH107 $ / ft²
Orwell, OH95 $ / ft²
Painesville, OH128 $ / ft²
North Olmsted, OH100 $ / ft²
Northfield, OH120 $ / ft²
Newbury, OH131 $ / ft²
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