Is Wakeman, OH 44889 a buyer’s or seller’s market?
Wakeman is a seller’s market. With about 2.1 months of supply and 41% 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.
More competitive than 71% of U.S. ZIP codes, and #164 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wakeman housing market right now
In the three months ending August 31, 2026, 41% of homes in Wakeman, OH 44889 sold above their list price, the typical home went under contract in 61 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold more slowly (53 days then) and the median sale price rose 66% to $414,821. Overall, Wakeman is more competitive than a year ago, so tougher for buyers.
Within Huron County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Wakeman ranks #164 of 489 OH ZIP codes with enough sales (score 68 out of 100).
Nearby, buyers who want less competition could look at North Fairfield 44855 (0% sold over asking) or Collins 44826 (0% sold over asking), while Monroeville 44847 (63% sold over asking) and Bellevue 44811 (47% sold over asking) are even more competitive.
Run the numbers for 44889
Nearby markets
Bellevue 44811Seller’s market $136 /sq ftCollins 44826Balanced $235 /sq ftGreenwich 44837Buyer’s market $112 /sq ftMonroeville 44847Seller’s market $157 /sq ft Browse all markets →Towns like Wakeman nearby
Find towns like Wakeman in other states →Where Wakeman is
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Questions about Wakeman real estate
Is Wakeman a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Wakeman, OH 44889 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 Wakeman?
The typical home went under contract in 61 days in the latest three months.
Do homes in Wakeman sell over asking?
41% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Wakeman?
About 1.05% of a home’s value a year in Huron County, or roughly $4,200 on a $400,000 home.
What is the median home price in Wakeman?
The median sale price was $414,821 in the three months ending August 31, 2026, about $187 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