Lake County

Situated along Lake Erie northeast of Cleveland, this county of 232,101 residents supports a relatively stable housing market with 354 active listings currently available. The median home price sits at $289,900, with buyers paying an average of $182 per square foot for homes that typically measure around 2,148 square feet. That combination offers meaningful square footage relative to price compared to many northeast Ohio submarkets. A 75.1% owner-occupancy rate signals a predominantly owner-driven housing stock, which tends to moderate speculative volatility and support price consistency over time. The median household income of $77,952 positions the typical buyer reasonably well against current price points, with the median home running roughly 3.7 times annual household income. Inventory at 354 active listings provides buyers with some selection without indicating an oversupplied market. Overall, the data reflects a steady, owner-oriented market with moderate pricing and average home sizes that appeal to households seeking usable space at accessible price levels.

Market description generated from current MLS and U.S. Census data.