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Lakemore, OH

Full City Profile · Ohio · Summit County County

2.9 /5.0
C+ Fair
2,917 Population 2,012/sq mi density
$54,836 Median Income $31,677 per capita
$143,700 Home Value $249,762 Zillow
$1,073 Median Rent 22.2% income on rent
52°F Avg Temperature 275 sunny days/yr
260 Violent Crime/100K 3,212 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$54,836 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$143,700 home value, $1,073/mo rent
F
Safety
1.0 / 5.0
260 violent crimes/100K
D
Education
1.6 / 5.0
7.3% bachelor's degree or higher

Housing Overview

Median Home Value
$143,700
49% below
US avg: $281,900
Median Rent
$1,073/mo
8% below
US avg: $1,163/mo
Homeownership Rate
82.7%
26% above US avg (65.4%)
Total Housing Units
1,433
Median year built: 1968

Home Value by Source

Census Median
$143,700
Zillow (ZHVI)
$249,762
Median Sale Price
$287,450
Median List Price
$225,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.7%
Owner-Occupied
17.3%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $1,073/mo

Market Indicators (Redfin)

Median Days on Market
31 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$151
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
22.2%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
82.7%

Complete Housing Data

Home Values

Census Median Value$143,700
Zillow Home Value (ZHVI)$249,762
Median Sale Price$287,450
Median List Price$225,000
Price Per Sq Ft$151

Rent

Census Median Rent$1,073
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market31
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold2
Active Inventory9
Price Per Sq Ft$151

Ownership & Stock

Owner-Occupied82.7%
Renter-Occupied17.3%
Homeownership Rate82.7%
Total Housing Units1,433
Median Year Built1968
Rent Burden22.2%