29 homes in Lower Lake
Homes for Sale in Lower Lake, OH
About Lower Lake, OH Real Estate
Lower Lake is a Lake County community with historic downtown. Features affordable housing and access to Clear Lake.
Today, Lower Lake has 29 homes for sale at a median price of $335,000, typically selling in about 77 days.
Top Rated Schools in Lower Lake
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- 2Lower Lake Highhigh school
- 1Carle (William C.) High (Continuation)high school
- 1Highlands Academyelementary
- 1Lower Lake Elementaryelementary
Why Live in Lower Lake?
- Historic downtown
- Affordable housing
- Clear Lake access
- Small town
Lower Lake Market Pulse
Median Home Price
$247K
↓ 22.8% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
0.6 months of supply
Seller's MarketWith only 29 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 ~77 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.
Inventory Distribution
Homes are taking longer to sell—a larger share of listings remain on the market beyond 30 days, giving buyers more leverage.
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $44K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$324K)
Price Reductions
16 listings have reduced their price
55% of active listings
Average reduction: 10.2% (~$34K)
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