Stay informed with Rocket and Redfin

Understand your market like never before.

Painesville Township Housing Market Report June 2025•Lake County, Ohio

hero building illustration for mobile

Housing Prices in Painesville Township, OH

How much do homes in Painesville Township, OH cost?

Housing Market Conditions

Is Painesville 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

Painesville Township is a Seller's Market

Difference Since June 2024

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

Insight

Painesville 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.
$220,000$136/SqFt
+$20,000
+10.0%

Based on all homes sold in the last 12 months

Insight

Homes in Painesville Township have sold for 10% more than they did a year ago.

Summary: The median home sold price in Painesville Township was $220,000 in June 2025, up 10% from last year, and the median price per square foot was $136.

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
Fairport Harbor
+12.7%
Painesville
+10.6%
Painesville Township
+10.0%
Concord Township
+4.5%

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.
BedsJun 2024Jun 2025Change YoY
1$123.7K$125.5K
+1.5%
2$136.2K$167K
+22.6%
3$198K$215K
+8.6%
4$310K$330K
+6.5%
5$300K$239K
-20.3%

Summary: Painesville Township housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.5%. The home price for 2 bedroom homes increased by +22.6%. The home price for 3 bedroom homes increased by +8.6%. The home price for 4 bedroom homes increased by +6.5%. The home price for 5 bedroom homes decreased by -20.3%.

How does Painesville Township, OH compare with other places?

Market comparison tool

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

Painesville Township, OH

Housing supply in Painesville Township, OH

How many homes are available in Painesville 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
151Last MonthJun 2025
1552 months agoMay 2025
-2.6 %
Change MoMMay – Jun

Summary: The Painesville Township real estate market had 151 homes for sale in Jun 2025, a 2.6 % decrease compared to May 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
39Last MonthJun 2025
532 months agoMay 2025
-26.4 %
Change MoMMay – Jun

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.
BedsMay 2025Jun 2025Change MoM
101
+100.0%
22018
-10.0%
38885
-3.4%
43739
+5.4%
5108
-20.0%

Summary: Painesville Township housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -10.0%. The inventory for 3 bedroom homes decreased by -3.4%. The inventory for 4 bedroom homes increased by +5.4%. The inventory for 5 bedroom homes decreased by -20.0%.

Asking Price vs. Sold Price

How much do homes in Painesville 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 Price12 Homes

At Asking Price11 Homes

Under Asking Price16 Homes

Insight

If you're buying a home in Painesville Township, you may be able to get a good deal. 41% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Painesville Township in June 2025, down by 26.4% month-over-month. Of the 39 sold homes, 41% were sold under asking, 28% were sold at asking, and and 31% were sold over asking.

Days on Market for Painesville Township, OH

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

Breakdown of Home Sale Times

Under 30 Days18 Homes

30 – 90 Days17 Homes

Over 90 Days4 Homes

Insight

Many homes in Painesville Township are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 39 homes were sold in Painesville Township; 46% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 10% 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
41 DaysThis YearJun 2025
36 Days1 year agoJun 2024
+12.4 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Painesville Township had an average listing age of 41 days in Jun 2025, up by 12.4% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Painesville Township, OH

What homes are available in Painesville Township, OH?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Ohio

MLS Disclaimers and Copyright

Based on information from MLS Now, and Northwest Ohio Real Estate Information Systems for the period 07/01/2023 - 07/01/2025

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 6:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.

Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.