Is Meyers Lake, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Meyers Lake has remained a Seller's Market.
Housing Prices in Meyers Lake, OH
How much do homes in Meyers Lake, OH cost?
Median Sold Price
$203,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Meyers Lake was $203,000 in February 2024, down 9.7% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $145K | N/A |
2 Bedrooms | $155.9K | $230K | +47.5% |
3 Bedrooms | $226K | $203K | -10.2% |
4 Bedrooms | $290K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Meyers Lake housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.5%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Canton Township | $145.4K | $152.5K | +4.9% |
Plain Township | $225K | $229.5K | +2.0% |
Meyers Lake | $224.9K | $203K | -9.7% |
Housing Supply in Meyers Lake, OH
How many homes are available in Meyers Lake, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Summary: The Meyers Lake real estate market had 2 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Meyers Lake housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Meyers Lake in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Meyers Lake, OH
How long does it take to sell a home in Meyers Lake, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
4 Days | 18 Days | +362.5% |
Summary: Homes in Meyers Lake had an average of 18 days on market in Feb 2024, up by 362.5% 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
Summary: During February 2024, 2 homes were sold in Meyers Lake; 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.