Is Meyers Lake, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meyers Lake is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Meyers Lake has remained a Seller's Market.

Key Takeaway

Meyers Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Meyers Lake, OH

How much do homes in Meyers Lake, OH cost?

Median Sold Price

$280,000

-

Based on all homes sold in May 2024.

Difference Since Last Month

+$112,100(+66.8%)

Key Takeaway

Homes in Meyers Lake have sold for 66.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $167.9K-
N/A
3 -$280K
N/A
4 --
N/A
5+ --
N/A

Summary: Meyers Lake housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Meyers Lake, OH

How many homes are available in Meyers Lake, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
440.0%

Summary: The Meyers Lake real estate market had 4 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Meyers Lake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Meyers Lake, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Meyers Lake in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Meyers Lake, OH

How long does it take to sell a home in Meyers Lake, OH?

Average Sale Time

Apr 2024May 2024CHANGE
12 Days36 Days+200.0%

Summary: Homes in Meyers Lake had an average of 36 days on market in May 2024, up by 200% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Meyers Lake has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Meyers Lake; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Meyers Lake, OH

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