New Listing
6
$20,000
9151 Mentor Ave
Mentor, OH 44060
2 bd1 ba0 sqft0
Mobile home436 sqft lot
Nicholas Huscroft · Chosen Real Estate Group
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Compass Real Estate · Mentor, OH
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Mentor, OH Housing Market
Strong seller's market+2.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Mentor, OH is worth $277,706, rose 2.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $265,750, -5.8% year over year (through May 2026). With 1.3 months of supply and homes going under contract in about 17 days, Mentor is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $277,706 home is about $1,483/mo in principal and interest.
Key numbers for Mentor, OH
Typical home value
$277,706
+2.8% in 12 months
Zillow, August 2026
Typical asking rent
$1,664/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$265,750
-5.8% year over year
Redfin, through May 2026
Days on market
17
Fast-moving
Redfin, through May 2026
Active listings
85
1.3 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$89,202
Home costs 3.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.4%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Mentor a buyer's or seller's market?
Strong seller's market1.3 months of supply17 days on market100.4% of asking
Mentor, OH is a strong seller's market, based on 1.3 months of supply and homes selling in about 17 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Mentor housing market data show?
Every row below is Redfin's final published month for Mentor, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $265,750 |
| Median list price | $295,000 |
| Year-over-year price change | -5.8% |
| Median price per sq ft | $182/sq ft |
| Median days on market | 17 days |
| Active inventory | 85 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 100.4% |
| Homes sold (that month) | 66 |
| New listings (that month) | 85 |
| Listings with a price cut | 35.3% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Mentor is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Mentor is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Mentor home prices moved?
Over the last three years the median sale price in Mentor, OH fell 5.9%, from $282,500 to $265,750. The live Zillow value series has rose 2.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 35.3% of Mentor listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.3 months while the sale-to-list ratio slips below its current 100.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Mentor?
Priced off the typical home value of $277,706 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $55,541 | $222,165 | $1,483/mo |
| 5% | $13,885 | $263,820 | $1,761/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,483, that implies roughly $63,538 a year before you add taxes and insurance. The median household in Mentor earns $89,202, about $25,664 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Mentor in the next 12 months?
Tell us your timeline. We send the Mentor market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Mentor?
Typical asking rent in Mentor, OH is $1,664/mo, against a typical home value of $277,706. That is a price-to-rent ratio of 13.9x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,483 a month — $181 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Mentor?
Active listings in Mentor, OH went from 82 in May 2025 to 85 in May 2026, a +3.7% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 87 | 68 |
| July 2025 | 100 | 85 |
| August 2025 | 98 | 70 |
| September 2025 | 96 | 70 |
| October 2025 | 114 | 75 |
| November 2025 | 100 | 41 |
| December 2025 | 83 | 27 |
| January 2026 | 67 | 33 |
| February 2026 | 66 | 46 |
| March 2026 | 58 | 52 |
| April 2026 | 72 | 79 |
| May 2026 | 85 | 85 |
Redfin, through May 2026
How does Mentor compare to Ohio and the U.S.?
Mentor homes sell for $265,750 — 6% below the Ohio median of $282,600. Against the national median of $410,700, Mentor runs 35% lower. Year-over-year, Mentor moved -5.8% against Ohio's +5.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Mentor, OH | $265,750 | -5.8% | 17 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Mentor
What buyers should watch
- Months of supply, currently 1.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 35.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $278 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $277,706 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Mentor listing goes under contract in 17 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.4% of asking. Price at the number you want and let competition do the rest.
- In the last published month Mentor added 85 new listings against 66 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Mentor varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Mentor
There are currently 85 homes listed for sale in Mentor, Ohio. The median listing price is $295K. Featured listings range from $20,000 to $625,000.
New Listing
37
$179,900
6135 Thistlewood Dr
Mentor, OH 44060
3 bd2 ba1,504 sqft$120/ft²
House8,999 sqft lot
Thomas Hodgkiss-Lilly · Howard Hanna
View photos & details
New Listing
43
$200,000
6432 Ambrose Dr
Mentor, OH 44060
3 bd1 ba1,377 sqft$145/ft²
House8,616 sqft lot
Greg Marlowe · Keller Williams Greater Cleveland Northeast
View photos & details
New Listing
46
$217,000
15 Meadowlawn Dr Unit 9
Mentor, OH 44060
4 bd3 ba1,880 sqft$115/ft²
Condo20,038 sqft lot
Bryan Vayo · The Agency Cleveland Northcoast
View photos & details
New Listing
43
$325,000
8803 Evergreen Dr
Mentor, OH 44060
4 bd2 ba1,893 sqft$172/ft²
House14,614 sqft lot
Jodie Frydl · RE/MAX Crossroads Properties
View photos & details
New Listing
42
$335,000
8343 Paddock Ct
Mentor, OH 44060
4 bd3 ba2,150 sqft$156/ft²
House12,632 sqft lot
Claire Jazbec · Keller Williams Greater Cleveland Northeast
View photos & details
New Listing
32
$349,000
9211 Sugarbush Dr
Mentor, OH 44060
3 bd2 ba1,536 sqft$227/ft²
House18,731 sqft lot
Rob Weaver · McDowell Homes Real Estate Services
View photos & details
New Listing
48
$349,900
6360 Ramblewood Dr
Mentor, OH 44060
4 bd3 ba1,904 sqft$184/ft²
House13,338 sqft lot
Jennifer Allen · Keller Williams Greater Cleveland Northeast
View photos & details
New Listing
43
$399,900
9602 Lasalle Ln
Mentor, OH 44060
4 bd3 ba2,557 sqft$156/ft²
House14,810 sqft lot
Gregory Gilson · RE/MAX Results
View photos & details
New Listing
50
$557,000
8215 Mustang Ln
Mentor, OH 44060
3 bd3 ba2,824 sqft$197/ft²
House5,502 sqft lot
Jennifer Consolo · McDowell Homes Real Estate Services
View photos & details
New Listing
50
$564,900
8195 Manor Gate Way
Mentor, OH 44060
3 bd3 ba1,998 sqft$283/ft²
House7,841 sqft lot
Sharon Zunkley · Keller Williams Greater Cleveland Northeast
View photos & details
New Listing
42
$625,000
9251 Boyer Ln
Mentor, OH 44060
4 bd3 ba2,974 sqft$210/ft²
House5.10 acres
Michael Monaco · HomeSmart Real Estate Momentum LLC
View photos & details
Looking to buy in Mentor?
Get connected with a local real estate expert — free, no obligation.
Active listings
85
Homes on market
Median list price
$295K
Avg. days on market
17
Days until sale
New this week
85
Newly listed
Price drops:35.3%of listings
Sale-to-list:100.4%
How much do homes cost in Mentor by property type?
How the Mentor, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $320,000 | $185/sq ft | 53 | 15 days |
| Condo / co-op | $195,000 | $161/sq ft | 13 | 38 days |
Who lives in Mentor?
American Community Survey estimates for Mentor. U.S. Census ACS, 2023
Population
47,215
Households
20,034
Median income
$89,202/yr
Median age
46.3 years
Owner-occupied
84.4%
Median home value
$229,500
Median gross rent
$1,192/mo
Mean commute
21.9 min
84.4% of occupied homes in Mentor are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $229,500 against Zillow's $277,706 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,192/mo, below Zillow's $1,664/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Mentor?
12 schools tracked · 6,782 students
The largest public schools serving Mentor, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mentor High School
Grades 9-12 · 2,318 students
Memorial Middle School
Grades 6-8 · 848 students
Shore Middle School
Grades 6-8 · 757 students
Ridge Elementary School
Grades K-5 · 681 students
Hopkins Elementary School
Grades K-5 · 471 students
Bellflower Elementary School
Grades K-5 · 469 students
Orchard Hollow Elementary School
Grades K-5 · 376 students
Fairfax Elementary School
Grades K-5 · 324 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mentor, OH?
Ordered by distance from Mentor, not by size. Compare Mentor side by side with any of them.
Which ZIP codes are in Mentor?
These are the ZIP codes we see on active Mentor listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Mentor housing market FAQ
Is Mentor a buyer's or seller's market?
Mentor, OH is currently a strong seller's market. That read comes from 1.3 months of supply, homes going under contract in about 17 days, and sellers getting 100.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Mentor?
The typical home in Mentor, OH is worth $277,706 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $265,750, about $182 per square foot.
Is Mentor cheaper than the rest of Ohio?
Mentor's median sale price of $265,750 is 6% lower than the Ohio statewide median of $282,600, and 35% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Mentor?
Homes in Mentor, OH spent a median of 17 days on market before going under contract, versus 36 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Mentor?
At the current 30-year fixed rate of 7.03%, 20% down on a $277,706 home is about $1,483 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $63,538 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $89,202.
Are home prices rising in Mentor?
The typical home value in Mentor, OH rose 2.8% over the last 12 months, from $270,254 to $277,706 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Mentor?
Mentor ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Mentor?
That depends on your timeline, not on a headline. What the data says today: Mentor, OH is a strong seller's market with 1.3 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 13.9x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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