Mentor-on-the-Lake, OH

Seller's market+19.6% YoY

Housing market overview · Updated weekly

$269,000median sale price

Homes sold

5

Last 12 weeks

Days on market

78

Average pace

Active listings

12

2.4 months supply

Sale-to-list

100.8%

Above asking

The Mentor-on-the-Lake housing market is currently classified as a seller's market with a median sale price of $269,000. Prices have risen 19.6% compared to last year, with homes spending an average of 78 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Mentor-on-the-Lake

There are currently 12 homes listed for sale in Mentor-on-the-Lake, Ohio. The median listing price is $247K.

Active listings

12

Homes on market

Median list price

$247K

Avg. days on market

78

Days until sale

New this week

8

Newly listed

Price drops:16.7%of listings
Sale-to-list:100.8%

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Frequently asked questions

What is the average home price in Mentor-on-the-Lake?

The median home sale price in Mentor-on-the-Lake is $269,000, up 19.6% from last year.

How long do homes stay on market in Mentor-on-the-Lake?

Homes typically spend 78 days on market before going under contract.

Is Mentor-on-the-Lake a buyer's or seller's market?

With 2.4 months of supply, Mentor-on-the-Lake is currently a seller's market.

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