The Lake Erie Shores housing market is somewhat competitive. The median sale price of a home in Lake Erie Shores was $380K last month, up 36.7% since last year. The median sale price per square foot in Lake Erie Shores is $127, down 8.9% since last year.
What is the housing market like in Lake Erie Shores today?
In March 2024, Lake Erie Shores home prices were up 36.7% compared to last year, selling for a median price of $380K. On average, homes in Lake Erie Shores sell after 30 days on the market compared to 87 days last year. There were 4 homes sold in March this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$380,000
+36.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Erie Shores, OH
$380,000
+36.7%
United States
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How hot is the Lake Erie Shores housing market?
Lake Erie Shores is somewhat competitive. Homes sell in 17 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 17 days.
Hot homes
can sell for about 5% above list price and go pending in around 4 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.8%
+5.2 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Erie Shores, OH
101.8%
+5.2 pt
United States
Home offer insights for Lake Erie Shores
Explore recent offers and recently sold homes in Lake Erie Shores
Recent offers
View houses in Lake Erie Shores that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Erie Shores housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Erie Shores.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Erie Shores has a moderate risk of flooding. 67 properties in Lake Erie Shores are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Lake Erie Shores. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Erie Shores has a minor risk of wildfire. There are 43 properties in Lake Erie Shores that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in Lake Erie Shores.
Lake Erie Shores has minimal risk of severe winds over the next 30 years
Wind Factor
Lake Erie Shores has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
92% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Lake Erie Shores has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 92% of homes in Lake Erie Shores have a Moderate Heat Factor®.
Lake Erie Shores is expected to see a 128% increase in the number of days over 96ºF over the next 30 years. Lake Erie Shores is expected to experience 6