$1,781 Closing Credit*
$150,000
4 Beds
•1 Full Bath, 1 Partial
Jessie L Robinson, Listing Office: Good Man Services, LLC.
Is Lakemore, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Lakemore was a Seller's Market.
Key Takeaway
Lakemore is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lakemore, OH
How much do homes in Lakemore, OH cost?
Median Sold Price
$209,900
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$20,000(+10.5%)
Key Takeaway
Homes in Lakemore have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Lakemore was $209,900 in September 2024, up 10.5% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.9K | $207.9K | +9.5% |
| 3 Bedrooms | $169.5K | $203K | +19.8% |
| 4 Bedrooms | $189K | $235K | +24.3% |
| 5+ Bedrooms | $271.4K | - | N/A |
Summary: Lakemore housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lakemore | $189.9K | $209.9K | +10.5% |
| Springfield Township | $168.7K | $181.4K | +7.5% |
Housing Supply in Lakemore, OH
How many homes are available in Lakemore, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Lakemore real estate market had 18 homes for sale in September 2024, a 5.9% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakemore housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lakemore, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Lakemore in September 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Lakemore, OH
How long does it take to sell a home in Lakemore, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 8 Days | 8 Days | 0.0% |
Summary: Homes in Lakemore had an average of 8 days on market in Sep 2024, the same as last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lakemore are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Lakemore; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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