Is Lakeview, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lakeview has remained a Buyer's Market.
Key Takeaway
Lakeview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lakeview, OH
How much do homes in Lakeview, OH cost?
Median Sold Price
$240,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lakeview have sold for 56.9% more than they did a year ago.
Summary: The median home sold price in Lakeview was $240,000 in April 2024, up 56.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $125K | +31.6% |
| 2 Bedrooms | $106K | $186.2K | +75.7% |
| 3 Bedrooms | $192.2K | $260K | +35.2% |
| 4 Bedrooms | $546K | $511.5K | -6.3% |
| 5+ Bedrooms | - | $607.5K | N/A |
Summary: Lakeview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.6%, 2 bedroom homes increased by 75.7%, 3 bedroom homes increased by 35.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lakeview | $153K | $240K | +56.9% |
| Stokes Township | $287K | $297.5K | +3.7% |
Housing Supply in Lakeview, OH
How many homes are available in Lakeview, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Lakeview real estate market had 25 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakeview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lakeview, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Lakeview in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 29 Days | +747.6% |
Summary: Homes in Lakeview had an average of 29 days on market in Apr 2024, up by 747.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lakeview are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Lakeview; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved