Is Lakeside Marblehead, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lakeside Marblehead is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Lakeside Marblehead was a Neutral Market.

Key Takeaway

Lakeside Marblehead is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lakeside Marblehead, OH

How much do homes in Lakeside Marblehead, OH cost?

Median Sold Price

$437,950

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$60,450(+16.0%)

Key Takeaway

Homes in Lakeside Marblehead have sold for 16% more than they did a year ago.

Summary: The median home sold price in Lakeside Marblehead was $437,950 in May 2024, up 16% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $155K$210K
+35.5%
2 $300K$305K
+1.7%
3 $392.5K$457.5K
+16.6%
4 $627.5K$604.5K
-3.7%
5+ $825K$1.1M
+39.4%

Summary: Lakeside Marblehead housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.5%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 16.6%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 39.4%.

Median Sold Price Compared To Nearby Cities

Marblehead
+21.9%
Catawba Island Township
+16.4%
Lakeside Marblehead
+16.0%
Danbury Township
+14.6%

Housing Supply in Lakeside Marblehead, OH

How many homes are available in Lakeside Marblehead, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7380+9.6%

Summary: The Lakeside Marblehead real estate market had 80 homes for sale in May 2024, a 9.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 23
+50.0%
2 1011
+10.0%
3 3638
+5.6%
4 1819
+5.6%
5+ 79
+28.6%

Summary: The Lakeside Marblehead housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE
14140.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lakeside Marblehead, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Lakeside Marblehead in May 2024, the same as the previous month. Of the 14 sold homes, 79% were sold under asking, 21% were sold at asking, and 0% were sold over asking.

Days on Market for Lakeside Marblehead, OH

How long does it take to sell a home in Lakeside Marblehead, OH?

Average Sale Time

May 2023May 2024CHANGE
36 Days52 Days+44.5%

Summary: Homes in Lakeside Marblehead had an average of 52 days on market in May 2024, up by 44.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lakeside Marblehead has remained consistent over time.

Summary: During May 2024, 14 homes were sold in Lakeside Marblehead; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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