Radcliffe Road

Property details·Thompson, Geauga County, Ohio·15-101840

Location

Address

Radcliffe Road

Thompson, OH 44024

Geauga County

Parcel ID

15-101840

Coordinates

41.639976, -81.141020

County context

Geauga County 2026 Insights

Geauga County, Ohio: Quiet Prosperity East of Cleveland

There's a particular kind of wealth that doesn't announce itself — no glassy skyline, no tech campus, no headline-grabbing development boom. Geauga County, tucked into the rolling hills and maple groves east of Cleveland, is exactly that kind of place. With a median household income of $100,783 — a third higher than the national median and well above Ohio's statewide figure — this largely rural county has quietly built one of the most financially stable communities in the Great Lakes region. Understanding why requires looking past the numbers.

Key Statistics

StatValueContext
Median Home Value$320,000Roughly at the national median, despite incomes far above it
Homeownership Rate87.0%Among the highest in Ohio; national avg is ~65%
Price-to-Income Ratio~3.2xRemarkably affordable relative to local incomes
YoY Price Change+7.4%Well above national appreciation pace

The Affordability Paradox

Here's what makes Geauga County genuinely surprising: homes are priced at the national median, but incomes are 34% above it. That's an almost vanishingly rare combination in 2024's housing market. While coastal metros and even mid-tier cities like Columbus and Cincinnati have stretched well beyond a 4x price-to-income ratio, Geauga sits around 3.2x — meaning residents spend proportionally less on housing than almost anywhere else of comparable affluence. The result is a county with an 87% homeownership rate, a figure that rivals the most homeowning communities in the country, and a true vacancy rate of just 5.4%, reflecting genuine demand rather than speculative overbuilding.

Who Lives Here — and Why They Stay

The median age of 45 and the fact that 21.7% of residents are 65 or older tells a story of generational rootedness. Geauga isn't attracting young transplants chasing nightlife; it's a place where families settle and stay. The large Amish and Plain community centered around Middlefield — home to one of the largest Amish populations in the world — contributes to the county's distinctive economic texture: small manufacturing, custom furniture, agriculture, and a cottage-industry ecosystem that doesn't show up in standard employment statistics. This cultural identity partly explains the low poverty rate of 5.8% (nearly half the national average) and the self-reliant character of the community.

The 14.3% work-from-home rate is also notable. Cleveland's professional class has increasingly discovered that Geauga offers genuine acreage and older, well-built homes — the median year built is 1969, reflecting decades of suburban estate development — without requiring a sacrifice of income.

Rent: A Rare Pressure Point

The county's one tension point is its rental market. With only 13% of households renting, the inventory is thin, and median rent of $1,018 is producing real strain: 35.9% of renters are cost-burdened and 16.4% are severely so. When a market is this dominated by ownership, renters often occupy the most constrained segment of the housing stock.


FAQs

What makes Geauga County unique? Geauga combines high incomes with home prices that haven't dramatically outpaced them — a rarity in today's market — alongside one of the world's largest Amish communities, which shapes everything from local commerce to community cohesion.

Is Geauga County a good place to buy a home? By almost every financial metric, yes. The price-to-income ratio is well below the national benchmark, appreciation is strong at 7.4% year-over-year, and the homeownership infrastructure — 87% of residents own — means communities are stable and well-maintained.

Why are home prices rising so fast in Geauga County? Remote work has accelerated Cleveland-area professionals' interest in the county's larger lots and older estate homes. Combined with very limited new construction and a low vacancy rate, even modest demand growth pushes prices upward.

Local market context

Our database includes 1,325 properties in Thompson.

With an average price of $349,850, Thompson offers mid-range housing options.

Buyers can expect to pay around $185 per square foot in this market.

Home prices in Thompson are 13% lower than the Geauga County average.

MetricThompsonGeauga Countyvs County
Average Price$349,850$403,569-13%
Avg Sq Ft1,8902,403-21%
Price/Sq Ft$185$168+10%
Properties1,32559,463-98%

Nearby properties

Other parcels within a few hundred meters of this one.

Frequently Asked Questions About Thompson, OH Real Estate

What is the average home price in Thompson, OH?

The average home price in Thompson, OH is $349,850, based on analysis of 1,325 properties in our database.

How many properties are tracked in Thompson, OH?

Our database includes 1,325 properties in Thompson, OH, providing comprehensive market coverage.

What is the price per square foot in Thompson, OH?

The average price per square foot in Thompson, OH is $185. This is calculated from an average home price of $349,850 and average size of 1,890 square feet.

What is the average home size in Thompson, OH?

Homes in Thompson, OH average 1,890 square feet, with an average price of $349,850.

How does Thompson, OH compare to other cities in Geauga County?

Thompson, OH is one of many cities in Geauga County, OH with property data available. Browse other cities in the county to compare market conditions and pricing.

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