New - 8 hours on Rocket
$3,889 Closing Credit¹
#181455, Listing Office: RE/MAX Hometown Realty
Conneaut Lake Housing Market Report January 2025•Crawford County, Pennsylvania
Housing Prices in Conneaut Lake, PA
How much do homes in Conneaut Lake, PA cost?
Housing Market Conditions
Is Conneaut Lake, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Conneaut Lake is a Buyer's Market
Difference Since December 2024
Last month, Conneaut Lake has remained a Buyer's Market.
Insight
Conneaut Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$200,000$166/SqFt
-$202,500
-50.3%
Based on all homes sold in January 2025
Insight
Homes in Conneaut Lake have sold for 50.3% less than they did a month ago.
Summary: The median home sold price in Conneaut Lake was $200,000 in January 2025, down 50.3% from last month, and the median price per square foot was $166.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Sadsbury Township | $402.5K | $200K | -50.3% |
| Conneaut Lake | $402.5K | $200K | -50.3% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $402.5K | $200K | -50.3% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Conneaut 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 did not change. The home price for 3 bedroom homes decreased by -50.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Conneaut Lake, PA
How many homes are available in Conneaut Lake, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 29Last MonthJan 2025 | ||
| 312 months agoDec 2024 | -6.5 % Change MoMDec – Jan |
Summary: The Conneaut Lake real estate market had 29 homes for sale in Jan 2025, a 6.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthJan 2025 | ||
| 22 months agoDec 2024 | +50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 5 | 0.0% |
| 33 Bedrooms | 16 | 15 | -6.3% |
| 44 Bedrooms | 9 | 8 | -11.1% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Conneaut 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 remained the same. The inventory for 3 bedroom homes decreased by -6.3%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Conneaut Lake, PA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Conneaut Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Conneaut Lake in January 2025, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Conneaut Lake, PA
How long does it take to sell a home in Conneaut Lake, PA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Conneaut Lake are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 3 homes were sold in Conneaut Lake; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 63 DaysLast MonthJan 2025 | ||
| 51 Days1 month agoDec 2024 | +22.3 % Change MoMDec – Jan |
Summary: Homes in Conneaut Lake had an average listing age of 63 days in Jan 2025, up by 22.3% compared to the previous month.
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Newest Listings in Conneaut Lake, PA
What homes are available in Conneaut Lake, PA?
New - 6 days on Rocket
$4,036 Closing Credit¹
#181443, Listing Office: RE/MAX Lakeland Realty
$7,118 Closing Credit¹
#181316, Listing Office: Howard Hanna BK Conneaut Lake
$10,000 Closing Credit¹
#178063, Listing Office: Howard Hanna BK Conneaut Lake
$2,611 Closing Credit¹
#179875, Listing Office: RE/MAX Lakeland Realty
$1,388 Closing Credit¹
#180271, Listing Office: RE/MAX Lakeland Realty
$4,511 Closing Credit¹
#177872, Listing Office: RE/MAX Hometown Realty
$1,780 Closing Credit¹
#180040, Listing Office: Howard Hanna BK Meadville
$5,332 Closing Credit¹
#180858, Listing Office: RE/MAX Lakeland Realty
$1,781 Closing Credit¹
#181122, Listing Office: ERA Richmond Real Estate Service
$10,000 Closing Credit¹
#178533, Listing Office: ERA Richmond Real Estate Service
$2,730 Closing Credit¹
#179688, Listing Office: RE/MAX Lakeland Realty
Nearby markets
Nearby markets aren't available for Conneaut Lake, PA
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MLS Disclaimers and Copyright
Based on information from Erie MLS, and West Penn Multi-List Inc. for the period 12/01/2024 - 02/01/2025
Copyright © 2025 Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it 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: 2/8/2025, 7:15:59 AM 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: 2/8/2025, 7:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info 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. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright © 2025 West Penn Multi-List, 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: 2/8/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.