Lakemore

This Summit County community of 2,917 residents maintains a tight real estate market with only 2 active listings currently available. The median home price stands at $227,500, translating to approximately $120 per square foot for properties averaging 1,900 square feet. With a high owner-occupied rate of 82.7%, the housing market reflects a stable, established neighborhood where residents tend to stay long-term. The median household income of $54,836 supports the local housing values, creating a balanced market for potential buyers. Families with school-age children benefit from the Springfield LSD Summit school district, which serves the area's educational needs. The limited inventory suggests strong demand relative to supply, which may create competitive conditions for buyers when properties do become available. This small community offers homeownership opportunities at moderate price points while maintaining the stability that comes with high owner-occupancy rates and established neighborhood character.

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