Is Lakeville, OH 44638 a buyer’s or seller’s market?
Lakeville is a seller’s market. With about 0.8 months of supply and 25% 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.
The Lakeville housing market right now
In the three months ending August 31, 2026, 25% of homes in Lakeville, OH 44638 sold above their list price, the typical home went under contract in 45 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (78 days then) and the median sale price rose 66% to $348,349. Overall, Lakeville is more competitive than a year ago, so tougher for buyers.
Within Holmes County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Nashville 44661 (0% sold over asking) or Killbuck 44637 (0% sold over asking), while Millersburg 44654 (35% sold over asking) is even more competitive.
Run the numbers for 44638
Nearby markets
Baltic 43804 $193 /sq ftBig Prairie 44611Buyer’s market $130 /sq ftDundee 44624Seller’s market $169 /sq ftFredericksburg 44627Seller’s market $198 /sq ft Browse all markets →Towns like Lakeville nearby
Find towns like Lakeville in other states →Where Lakeville is
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Questions about Lakeville real estate
Is Lakeville a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Lakeville, OH 44638 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 Lakeville?
The typical home went under contract in 45 days in the latest three months.
Do homes in Lakeville sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Lakeville?
About 1.08% of a home’s value a year in Holmes County, or roughly $4,320 on a $400,000 home.
What is the median home price in Lakeville?
The median sale price was $348,349 in the three months ending August 31, 2026, about $206 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