13 homes in Lake Hughes
Homes for Sale in Lake Hughes, OH
About Lake Hughes, OH Real Estate
Lake Hughes is a rural community centered around Elizabeth Lake. Features equestrian properties and mountain atmosphere.
Today, Lake Hughes has 13 homes for sale at a median price of $487,990, typically selling in about 84 days.
Top Rated Schools in Lake Hughes
Powered by the Topfind School Score
- 6Hughes-Elizabeth Lakeselementary
Why Live in Lake Hughes?
- Lake access
- Equestrian properties
- Mountain atmosphere
- Rural living
Lake Hughes Market Pulse
Median Home Price
$380K
↓ 34.5% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.2 months of supply
Seller's MarketWith only 13 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 ~84 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales have slowed 80% compared to 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.
Housing Tenure in Lake Hughes
Homeownership is higher than average—most households in this area own rather than rent.
65%
Homeowners
35%
Renters
Homeownership is 9.5% higher than the California average (55.5%)
298 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.2M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 12 bedrooms (+$4.3M)
Price Reductions
5 listings have reduced their price
38% of active listings
Average reduction: 8.4% (~$41K)
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