Is Lakeview, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lakeview has remained a Seller's Market.
Housing Prices in Lakeview, OH
How much do homes in Lakeview, OH cost?
Median Sold Price
$225,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lakeview was $225,000 in May 2024, up 28.9% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $113.5K | - | N/A |
2 Bedrooms | $153K | $190K | +24.2% |
3 Bedrooms | $315K | $225K | -28.6% |
4 Bedrooms | $546K | $511.5K | -6.3% |
5+ Bedrooms | $240K | $975K | +306.3% |
Summary: Lakeview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.2%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 306.3%.
Median Sold Price Compared To Nearby Cities
Lakeview | $174.5K | $225K | +28.9% |
Stokes Township | $240K | $307.5K | +28.1% |
Housing Supply in Lakeview, OH
How many homes are available in Lakeview, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Summary: The Lakeview real estate market had 10 homes for sale in May 2024, a 9.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakeview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lakeview in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lakeview, OH
How long does it take to sell a home in Lakeview, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 100 Days | +52.9% |
Summary: Homes in Lakeview had an average of 100 days on market in May 2024, up by 52.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Lakeview; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.