Is Lodi, OH 44254 a buyer’s or seller’s market?

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

Lodi is a seller’s market. With about 2.3 months of supply and 29% 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 supply2.3Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$190▲ +11.5% vs. last year

The Lodi housing market right now

In the three months ending August 31, 2026, 29% of homes in Lodi, OH 44254 sold above their list price, the typical home went under contract in 37 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (17 days then) and the median sale price fell 11% to $229,901. Overall, Lodi is more competitive than a year ago, so tougher for buyers.

Within Medina County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 82%.

Nearby, buyers who want less competition could look at Valley City 44280 (20% sold over asking), while Litchfield 44253 (56% sold over asking) and Brunswick 44212 (54% sold over asking) are even more competitive.

Nearby markets

Brunswick 44212Seller’s market $202 /sq ftChippewa Lake 44215Seller’s market $199 /sq ftHinckley 44233Seller’s market $263 /sq ftHomerville 44235 $224 /sq ft Browse all markets →

Where Lodi is

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Questions about Lodi real estate

Is Lodi a buyer’s or seller’s market?

A seller’s market: there were 2.3 months of supply in Lodi, OH 44254 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 Lodi?

The typical home went under contract in 37 days in the latest three months.

Do homes in Lodi sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.

What are property taxes in Lodi?

About 1.24% of a home’s value a year in Medina County, or roughly $4,960 on a $400,000 home.

What is the median home price in Lodi?

The median sale price was $229,901 in the three months ending August 31, 2026, about $190 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