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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Lakeside Marblehead was a Seller's Market.

Key Takeaway

Lakeside Marblehead is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lakeside Marblehead, OH

How much do homes in Lakeside Marblehead, OH cost?

Median Sold Price

$475,000

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,000(+17.3%)

Key Takeaway

Homes in Lakeside Marblehead have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in Lakeside Marblehead was $475,000 in November 2024, up 17.3% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $158.5K$255K
+60.9%
2 $325K$260K
-20.0%
3 $419.9K$474.5K
+13.0%
4 $599K$622.5K
+3.9%
5+ $1.2M$797.5K
-33.6%

Summary: Lakeside Marblehead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.9%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Cities

Marblehead
+47.1%
Danbury Township
+17.6%
Lakeside Marblehead
+17.3%
Catawba Island Township
+6.5%

Housing Supply in Lakeside Marblehead, OH

How many homes are available in Lakeside Marblehead, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7467-9.5%

Summary: The Lakeside Marblehead real estate market had 67 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 4138
-7.3%
4 1610
-37.5%
5+ 44
0.0%

Summary: The Lakeside Marblehead housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1810-44.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Lakeside Marblehead in November 2024, down by 44.4% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
149 Days83 Days-44.4%

Summary: Homes in Lakeside Marblehead had an average of 83 days on market in Nov 2024, down by 44.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 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 November 2024, 10 homes were sold in Lakeside Marblehead; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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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