How much do homes in Lake County, OH cost?

Median List Price

$178,839

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$15,131(+9.2%)

Key Takeaway

The list price of homes in Lake County has increased by 9.2% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $49.9K$72.4K+45.2%
2 $109.9K$122.4K+11.4%
3 $151.6K$169.9K+12.0%
4 $239.9K$269.9K+12.5%
5+ $329.9K$333.2K+1.0%

Median List Price Compared To Nearby Counties

Ashtabula County
+11.5%
Cuyahoga County
+9.9%
Lake County
+9.2%
Geauga County
+9.0%

How many homes are available in Lake County, OH?

Number of Homes For Sale

Jul 2021Aug 2021%
1,3201,261-4.5%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 69+50.0%
2 148150+1.4%
3 720681-5.4%
4 365349-4.4%
5+ 8172-11.1%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
97 Days53 Days-44.8%

Breakdown of Home Sale Times

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Key Takeaway

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About Lake County, OH

There are 1,261 homes are for sale in Lake County, OH real estate market. In August 2021 in Lake County, OH there were 4.5% less homes for sale than in July 2021. The median list price of listings available in August 2021 was $178,839, while the average time on the real estate market was 53 days. This housing market listing prices have changed between July 2021 and August 2021: the cost of 1 bedroom properties went up by 45.2%, prices of 2 bedrooms properties increased by 11.4%, 3 bedrooms properties became 12% more expensive, prices of 4 bedrooms properties went up by 12.5%, 5 bedrooms properties became 1% more expensive. This housing market inventory have changed: 1 bedroom homes became 50% more available, 2 bedrooms homes inventory increased by 1.4%, volume of 3 bedrooms homes went down by 5.4%, 4 bedrooms homes became 4.4% less available, 5 bedrooms homes became 11.1% less available. In August 2021, from all listings sold in Lake County, OH there were more than 192 sold above asking price, over 134 sold below and more than 65 were sold right at the asked price.

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