Is Lakeside Marblehead, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lakeside Marblehead is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Lakeside Marblehead has remained a Seller's Market.

Key Takeaway

Lakeside Marblehead is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lakeside Marblehead, OH

How much do homes in Lakeside Marblehead, OH cost?

Median Sold Price

$477,000

$320/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$73,000(+18.1%)

Key Takeaway

Homes in Lakeside Marblehead have sold for 18.1% more than they did a year ago.

Summary: The median home sold price in Lakeside Marblehead was $477,000 in October 2024, up 18.1% from last year, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $158.5K$255K
+60.9%
2 $325K$260.5K
-19.8%
3 $412.4K$475K
+15.2%
4 $599K$625K
+4.3%
5+ $1.2M$797.5K
-33.6%

Summary: Lakeside Marblehead housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.9%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Cities

Marblehead
+45.0%
Danbury Township
+18.8%
Lakeside Marblehead
+18.1%
Catawba Island Township
+12.8%

Housing Supply in Lakeside Marblehead, OH

How many homes are available in Lakeside Marblehead, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9079-12.2%

Summary: The Lakeside Marblehead real estate market had 79 homes for sale in October 2024, a 12.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1614
-12.5%
3 4943
-12.2%
4 1718
+5.9%
5+ 74
-42.9%

Summary: The Lakeside Marblehead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lakeside Marblehead, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Lakeside Marblehead in October 2024, down by 9.5% month-over-month. Of the 19 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.

Days on Market for Lakeside Marblehead, OH

How long does it take to sell a home in Lakeside Marblehead, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
87 Days96 Days+10.7%

Summary: Homes in Lakeside Marblehead had an average of 96 days on market in Oct 2024, up by 10.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lakeside Marblehead has remained consistent over time.

Summary: During October 2024, 19 homes were sold in Lakeside Marblehead; 32% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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