#5098747, Roman B Tarnawsky, Listing Office: Lokal Real Estate, LLC.
Avon Lake Housing Market Report January 2025•Lorain County, Ohio
Housing Prices in Avon Lake, OH
How much do homes in Avon Lake, OH cost?
Housing Market Conditions
Is Avon Lake, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Avon Lake is a Seller's Market
Difference Since January 2024
Since last year, Avon Lake has remained a Seller's Market.
Avon Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Avon Lake have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Avon Lake was $386,333 in January 2025, up 8.4% from last year, and the median price per square foot was $176.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Bay Village | $370.5K | $405K | +9.3% |
Avon Lake | $356.3K | $386.3K | +8.4% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $80K | - | N/A |
22 Bedrooms | $242.5K | $285K | +17.5% |
33 Bedrooms | $314.1K | $331K | +5.4% |
44 Bedrooms | $500K | $545K | +9.0% |
55+ Bedrooms | $550K | $682.5K | +24.1% |
Summary: Avon Lake housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +17.5%. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes increased by +9.0%. The home price for 5 bedroom homes increased by +24.1%.
Housing supply in Avon Lake, OH
How many homes are available in Avon Lake, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
71Last MonthJan 2025 | ||
672 months agoDec 2024 | +6.0 % Change MoMDec – Jan |
Summary: The Avon Lake real estate market had 71 homes for sale in Jan 2025, a 6.0 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
20Last MonthJan 2025 | ||
172 months agoDec 2024 | +17.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 9 | 14 | +55.6% |
33 Bedrooms | 28 | 29 | +3.6% |
44 Bedrooms | 22 | 22 | 0.0% |
55+ Bedrooms | 8 | 6 | -25.0% |
Summary: Avon Lake housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +55.6%. The inventory for 3 bedroom homes increased by +3.6%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in Avon Lake, OH cost?
Over Asking Price7 Homes
At Asking Price3 Homes
Under Asking Price10 Homes
If you're buying a home in Avon Lake, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Avon Lake in January 2025, up by 17.6% month-over-month. Of the 20 sold homes, 50% were sold under asking, 15% were sold at asking, and and 35% were sold over asking.
Days on Market for Avon Lake, OH
How long does it take to sell a home in Avon Lake, OH?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days6 Homes
Over 90 Days1 Home
Many homes in Avon Lake are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 20 homes were sold in Avon Lake; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
28 DaysThis YearJan 2025 | ||
29 Days1 year agoJan 2024 | -2.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Avon Lake had an average listing age of 28 days in Jan 2025, down by 2.1% compared to the previous year.
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Newest Listings in Avon Lake, OH
What homes are available in Avon Lake, OH?
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MLS Disclaimers and Copyright
Based on information from MLS Now, and Firelands MLS for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.