Housing in Mentor-on-the-Lake, OH
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$220,000
Median List Price
$315,000
Price Per Sq Ft
$186
Days on Market
74
Active Inventory
9
Months of Supply
1.3
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
28.6%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
97.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
3
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$186
Median List $/SF
$165
Mentor-on-the-Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Mentor-on-the-Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$171,200
Median Rent
$1,021
Total Housing Units
3,867
Vacancy Rate
6.7%
Owner Occupied
60.3%
Renter Occupied
39.7%
Median Property Tax
$2,877
per year
Monthly Cost (w/ Mortgage)
$1,175
Housing Types
The current median sale price in Mentor-on-the-Lake, OH is $220,000 according to Redfin data. Homes spend a median of 74 days on the market. 28.6% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $186. The median rent is $1,021 per month (Census ACS). About 60.3% of housing units are owner-occupied. The median year homes were built is 1974. There are 3,867 total housing units.