Lake Township Housing Market Report April 2025•Logan County, Ohio

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Housing Prices in Lake Township, OH

How much do homes in Lake Township, OH cost?

Housing Market Conditions

Is Lake Township, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lake Township is a Seller's Market

Difference Since April 2024

Since last year, Lake Township has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$223,000$150/SqFt
+$31,000
+16.1%

Based on all homes sold in the last 12 months

Insight

Homes in Lake Township have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Lake Township was $223,000 in April 2025, up 16.1% from last year, and the median price per square foot was $150.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Jefferson Township
+26.7%
Lake Township
+16.1%
Bellefontaine
+14.3%
Harrison Township
-1.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$170K$126K
-25.9%
2$182K$158.7K
-12.8%
3$184K$210K
+14.1%
4$238K$270K
+13.4%
5$269.9K$270K
0.0%

Summary: Lake Township housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -25.9%. The home price for 2 bedroom homes decreased by -12.8%. The home price for 3 bedroom homes increased by +14.1%. The home price for 4 bedroom homes increased by +13.4%. The home price for 5 bedroom homes did not change.

How does Lake Township, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lake Township, OH

Housing supply in Lake Township, OH

How many homes are available in Lake Township, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
60Last MonthApr 2025
492 months agoMar 2025
+22.4 %
Change MoMMar – Apr

Summary: The Lake Township real estate market had 60 homes for sale in Apr 2025, a 22.4 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
13Last MonthApr 2025
102 months agoMar 2025
+30.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
288
0.0%
33141
+32.3%
4710
+42.9%
531
-66.7%

Summary: Lake Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +32.3%. The inventory for 4 bedroom homes increased by +42.9%. The inventory for 5 bedroom homes decreased by -66.7%.

Asking Price vs. Sold Price

How much do homes in Lake Township, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price2 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in Lake Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Lake Township in April 2025, up by 30.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and and 31% were sold over asking.

Days on Market for Lake Township, OH

How long does it take to sell a home in Lake Township, OH?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days3 Homes

Over 90 Days5 Homes

Insight

Most homes in Lake Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 13 homes were sold in Lake Township; 31% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
70 DaysThis YearApr 2025
44 Days1 year agoApr 2024
+60.1 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Lake Township had an average listing age of 70 days in Apr 2025, up by 60.1% compared to the previous year.

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Newest Listings in Lake Township, OH

What homes are available in Lake Township, OH?

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Nearby markets

Nearby markets aren't available for Lake Township, OH

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MLS Disclaimers and Copyright

Based on information from Western Regional Information Systems and Technology Inc., Columbus and Central Ohio Regional MLS, West Central Association of REALTORS MLS, and Mansfield Assocation of REALTORS® MLS for the period 05/01/2023 - 05/01/2025

IDX Information is provided by Western Regional Information Systems and Technology, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 5:15:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 5:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by West Central Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 – West Central Association of REALTORS – All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 5:15:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright Mansfield Association of REALTORS® Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 5:15:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.