Lake County, OH Housing

The housing market in Lake, OH County is a thriving one. The median value of homes is $208,200, which is considerably lower than the US median house value of $338,100. Compared to the overall US market appreciation rate of 8.27%, the 1 year appreciation rate for Lake County is 11.89%. This higher than average appreciation rate indicates that there is a strong demand for housing in this area. The relatively low median home price means it is an attractive option for potential buyers who are looking for a more affordable housing option.

The median home cost in Lake County is $208,200. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Lake County is up 13.4%.

Average Age of Homes

- The median age of Lake County real estate is 47 years old

The Rental Market in Lake County

- Renters make up 23.3% of the Lake County population
- 1.1% of houses and apartments in Lake County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake, Ohio	United States
	105,001.0	139,647,020.0
	50	42
	$208,200	$338,100
	13.4%	16.6%
	47.5%	57.0%
	69.3%	101.1%
	$18.15	$10.98
	$3,017	$2,690
	69.7%	57.4%
	6.5%	11.2%
	23.9%	31.4%
Vacant Housing
	1.1%	1.9%
	0.6%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.9%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.3%	2.4%
	1.3%	2.8%
	3.5%	3.9%
	7.8%	4.5%
	25.5%	11.3%
	21.4%	13.0%
	22.6%	20.1%
	8.0%	13.6%
	3.1%	8.3%
	2.3%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	12.0%	13.6%
	10.4%	13.2%
	17.1%	14.8%
	12.0%	13.6%
	17.7%	10.0%
	5.0%	4.7%
	9.6%	12.2%

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