Is Lakemore, OH 44250 a buyer’s or seller’s market?

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

Lakemore is a seller’s market. With about 1.9 months of supply and 40% 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 supply1.9Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market92Listing to accepted offer
Median price per sq ft$143▲ +27.8% vs. last year

The Lakemore housing market right now

In the three months ending August 31, 2026, 40% of homes in Lakemore, OH 44250 sold above their list price, the typical home went under contract in 92 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 60%, homes sold more slowly (6 days then) and the median sale price rose 88% to $179,922. Overall, Lakemore is less competitive than a year ago, which gives buyers more room.

Within Summit County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 57%.

Nearby, buyers who want less competition could look at Akron 44311 (12% sold over asking) or Akron 44304 (17% sold over asking), while Munroe Falls 44262 (58% sold over asking) and Twinsburg 44087 (55% sold over asking) are even more competitive.

Nearby markets

Akron 44301Seller’s market $105 /sq ftAkron 44302Seller’s market $79 /sq ftAkron 44303Seller’s market $136 /sq ftAkron 44304Buyer’s market $80 /sq ft Browse all markets →

Where Lakemore is

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Questions about Lakemore real estate

Is Lakemore a buyer’s or seller’s market?

A seller’s market: there were 1.9 months of supply in Lakemore, OH 44250 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 Lakemore?

The typical home went under contract in 92 days in the latest three months.

Do homes in Lakemore sell over asking?

40% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.

What are property taxes in Lakemore?

About 1.53% of a home’s value a year in Summit County, or roughly $6,120 on a $400,000 home.

What is the median home price in Lakemore?

The median sale price was $179,922 in the three months ending August 31, 2026, about $143 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