Is Grand River, OH 44045 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grand River is a seller’s market. With about 1.6 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$119▲ +11.9% vs. last year

The Grand River housing market right now

In the three months ending August 31, 2026, 50% of homes in Grand River, OH 44045 sold above their list price, the typical home went under contract in 22 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold faster (77 days then) and the median sale price rose 47% to $269,883. Overall, Grand River is less competitive than a year ago, which gives buyers more room.

Within Lake County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Perry 44081 (30% sold over asking) or Willoughby 44094 (32% sold over asking).

Nearby markets

Eastlake 44095Seller’s market $170 /sq ftMadison 44057Seller’s market $167 /sq ftMentor 44060Seller’s market $176 /sq ftPainesville 44077Seller’s market $168 /sq ft Browse all markets →

Where Grand River is

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Questions about Grand River real estate

Is Grand River a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Grand River, OH 44045 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Grand River?

The typical home went under contract in 22 days in the latest three months.

Do homes in Grand River sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in Grand River?

About 1.62% of a home’s value a year in Lake County, or roughly $6,480 on a $400,000 home.

What is the median home price in Grand River?

The median sale price was $269,883 in the three months ending August 31, 2026, about $119 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology