Is Lakeview, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lakeview is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Lakeview was a Seller'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

$254,500

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$101,500(+66.3%)

Key Takeaway

Homes in Lakeview have sold for 66.3% more than they did a year ago.

Summary: The median home sold price in Lakeview was $254,500 in March 2024, up 66.3% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $95K$125K
+31.6%
2 $106K$186.2K
+75.7%
3 $170K$300K
+76.5%
4 $335K$525K
+56.7%
5+ -$607.5K
N/A

Summary: Lakeview housing prices by bedroom type for March 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 76.5%, 4 bedroom homes increased by 56.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lakeview
+66.3%
Stokes Township
+8.8%

Housing Supply in Lakeview, OH

How many homes are available in Lakeview, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2024+20.0%

Summary: The Lakeview real estate market had 24 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 66
0.0%
3 913
+44.4%
4 22
0.0%
5+ 00
0.0%

Summary: The Lakeview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lakeview, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lakeview in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Mar 2023Mar 2024CHANGE
49 Days19 Days-61.7%

Summary: Homes in Lakeview had an average of 19 days on market in Mar 2024, down by 61.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lakeview are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Lakeview; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Lakeview, OH

Nearby Markets to Lakeview, OH

What housing markets are near Lakeview, OH?