22 homes in Lake Balboa
Homes for Sale in Lake Balboa, OH
About Lake Balboa, OH Real Estate
Lake Balboa is named for Lake Balboa at Anthony C. Beilenson Park. Features water recreation, family neighborhoods, and Valley living.
Today, Lake Balboa has 22 homes for sale at a median price of $1,027,000, typically selling in about 38 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
Top Rated Schools in Lake Balboa
Powered by the Topfind School Score
- 8Lake Balboa College Preparatory Magnet K-12elementary-high combination
- 7Daniel Pearl Journalism & Communications Magnethigh school
- 7Lemay Street Elementaryelementary
- 5Anatola Avenue Elementaryelementary
- 5Gault Street Elementaryelementary
- 5William Mulholland Middleintermediate/middle/junior high
Why Live in Lake Balboa?
- Lake recreation
- Family neighborhoods
- Park access
- Valley living
Lake Balboa Market Pulse
Median Home Price
$900K
↑ 0.0% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
0.3 months of supply
Seller's MarketWith only 22 active listings, supply is tight.
What this means for buyers
Homes are selling quickly—inventory is tight, competition is strong, and buyers have limited room to negotiate. Listings typically sell in ~38 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists. Sales 52% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $171K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$394K)
Price Reductions
8 listings have reduced their price
36% of active listings
Average reduction: 6.3% (~$65K)
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