Housing in Mentor, OH

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$230,000

Median List Price

$299,900

Price Per Sq Ft

$142

Days on Market

70

Active Inventory

63

Months of Supply

2.6

Seller's market

Zillow Home Value

$261,498

ZHVI — January 2026

Zillow Rent Index

$1,570

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.0%List Price 3.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

12.5%

Off Market in 2 Weeks

34.4%

Sale-to-List Ratio

96.2%

Buyer's market

Sold Above Asking
12.5%
Under Contract in 2 Wks
34.4%
Listings with Price Drops
41.3%

Market Activity

Source: Redfin

Homes Sold

24

New Listings

33

Pending Sales

61

Homes Sold 57.1%New Listings 34.0%Pending 7.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$142

Median List $/SF

$170

Sale $/SF 10.1%List $/SF 1.2%Mar 24Jan 26

Mentor vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Mentor 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

$229,500

Median Rent

$1,192

Total Housing Units

20,883

Vacancy Rate

4.1%

Owner Occupied

84.4%

Renter Occupied

15.6%

Median Property Tax

$3,371

per year

Monthly Cost (w/ Mortgage)

$1,073

Housing Types

Single Family
84.1%
Multi-Family
14.0%
Mobile Home
1.9%

The current median sale price in Mentor, OH is $230,000 according to Redfin data. Homes spend a median of 70 days on the market. 12.5% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $142. Zillow's observed rent index is $1,570/month. About 84.4% of housing units are owner-occupied. The median year homes were built is 1975. There are 20,883 total housing units.