$3,205 Closing Credit*
$269,900
1,394 SqFt
3 Beds
•1 Full Bath, 1 Partial
Sherrie Haas, Listing Office: EXP Realty, LLC.
Is Avon Lake, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Avon Lake has remained a Seller's Market.
Key Takeaway
Avon Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Avon Lake, OH
How much do homes in Avon Lake, OH cost?
Median Sold Price
$386,333
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$35,666(+10.2%)
Key Takeaway
Homes in Avon Lake have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Avon Lake was $386,333 in December 2024, up 10.2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | - | N/A |
| 2 Bedrooms | $245K | $280K | +14.3% |
| 3 Bedrooms | $315K | $327K | +3.8% |
| 4 Bedrooms | $500K | $545K | +9.0% |
| 5+ Bedrooms | $535.5K | $760K | +41.9% |
Summary: Avon Lake housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 41.9%.
Median Sold Price Compared To Nearby Cities
| Avon Lake | $350.6K | $386.3K | +10.2% |
| Bay Village | $366.3K | $400K | +9.2% |
Housing Supply in Avon Lake, OH
How many homes are available in Avon Lake, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 80 | 67 | -16.3% |
Summary: The Avon Lake real estate market had 67 homes for sale in December 2024, a 16.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 33 | 27 | -18.2% |
| 4 Bedrooms | 25 | 21 | -16.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Avon Lake housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 | 16 | -42.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avon Lake, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Avon Lake in December 2024, down by 42.9% month-over-month. Of the 16 sold homes, 69% were sold under asking, 0% were sold at asking, and 31% were sold over asking.
Days on Market for Avon Lake, OH
How long does it take to sell a home in Avon Lake, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 34 Days | 34 Days | -0.2% |
Summary: Homes in Avon Lake had an average of 34 days on market in Dec 2024, down by 0.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Avon Lake has remained consistent over time.
Summary: During December 2024, 16 homes were sold in Avon Lake; 44% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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