Lake County, OH Average Home Price (2026)
The average home price in Lake County, Ohio is about $248,000 (the 2026 median across 8 ZIP codes, at ~$160/sq ft) — 10% more expensive than the Ohio median and 14% more affordable than the typical U.S. home.
How Lake County compares
Lake County is about average for housing nationally: its typical home costs $248,000 against $225,500 for Ohio and $289,000 for the U.S. Within the county, ZIP-level values run from about $204,000 to $299,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Lake County | $248,000 | $160 |
| Ohio | $225,500 | $160 |
| United States | $289,000 | $193 |
Lake County home prices by ZIP code
The 8 most valuable ZIP codes in Lake County (of 8 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 44081 Perry | $299,000 | $178 | +21% |
| 44094 Willoughby | $292,000 | $179 | +18% |
| 44060 Mentor | $278,000 | $155 | +12% |
| 44077 Painesville | $260,000 | $150 | +5% |
| 44057 Madison | $236,000 | $165 | -5% |
| 44045 Painesville | $221,000 | $174 | -11% |
| 44092 Wickliffe | $210,000 | $142 | -15% |
| 44095 Eastlake | $204,000 | $154 | -18% |
Home value appreciation in Lake County
Home prices in Lake County have risen about 77% over the last 10 years (≈5.9% a year) and +51.0% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +4.9% — still rising. A home worth $248,000 today was worth roughly $140,192 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Ohio is +93.4% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Lake County
Run the numbers for Lake County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Lake County
To buy the typical $248,000 home in Lake County with 20% down, you need a household income of roughly $67,000 a year (about $1,570 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $80,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $12,400 | $1,960/mo | $84,000/yr |
| 10% (+PMI) | $24,800 | $1,870/mo | $80,000/yr |
| 20% | $49,600 | $1,570/mo | $67,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Lake County
At about $160 per square foot, here is roughly how much home different budgets get you in Lake County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 940 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1250 sq ft | around the typical home here |
| $250k | 1560 sq ft | around the typical home here |
| $300k | 1880 sq ft | around the typical home here |
| $400k | 2500 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Ohio.
Estimate a specific home in Lake County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Lake County home prices: frequently asked
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Browse all Ohio cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.