Lake County, OH
Market description generated from current MLS and U.S. Census data.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates
Source: FBI Crime Data Explorer (OH0430700)
Home prices in Ohio have risen 98% over the past 9 years, compared to 87% nationally.
Source: Federal Reserve Economic Data (FRED), FHFA All-Transactions House Price Index, Ohio vs national
The median home price in Mentor on the Lake is $279,900, with active listings ranging from $239,000 to $350,000.
There are currently 9 active listings in Mentor on the Lake, Ohio.
The average price per square foot in Mentor on the Lake is $198, based on currently active listings.
Mentor on the Lake has a population of 7,117 residents with a median age of 46.6.
Homes in Mentor on the Lake average 1,424 square feet with 2.8 bedrooms and 2.1 bathrooms.
Mentor on the Lake has a 60.3% owner-occupied rate and a 6.7% vacancy rate. The median rent is $1,021.
The average commute time for Mentor on the Lake residents is 22.5 minutes.
| Address | Sold Price | Beds | Baths | Sq Ft | Sold Date |
|---|---|---|---|---|---|
| 5803 Lake Rd, Mentor on the Lake, OH 44060 | $180,000 | 2 | 1 | 933 | Oct 9, 2026 |
| 5611 Marine Pkwy, Mentor on the Lake, OH 44060 | $170,000 | 3 | 2 | 1,124 | Sep 29, 2026 |
| 7563 Monterey Bay Dr, Mentor on the Lake, OH 44060 | $310,000 | 2 | 2 | 1,374 | Sep 24, 2026 |
| 7576 Monterey Bay Dr, Mentor on the Lake, OH 44060 | $269,000 | 2 | 2 | 1,374 | Sep 11, 2026 |
| 7693 Holly Dr, Mentor on the Lake, OH 44060 | $55,000 | 1 | 1 | -- | Sep 11, 2026 |
| 5839 Lake Rd, Mentor on the Lake, OH 44060 | $225,000 | 3 | 2 | 1,216 | Sep 4, 2026 |
| 7476 Pinehurst Dr, Mentor on the Lake, OH 44060 | $240,000 | 2 | 1 | 1,404 | Sep 2, 2026 |
| 8080 Harbor Creek Dr, Mentor on the Lake, OH 44060 | $202,900 | 3 | 2 | 1,836 | Sep 2, 2026 |
| 7611 Manor Dr, Mentor on the Lake, OH 44060 | $157,200 | 1 | 1 | 832 | Aug 30, 2026 |
| 5976 Reynolds Rd, Mentor on the Lake, OH 44060 | $260,000 | 3 | 3 | 1,504 | Aug 24, 2026 |
Recently sold listings from the last 90 days, provided through the MLS IDX database. See full disclaimer below.
Steven Pannell
Licensed Ohio real estate agent · Key Realty
8+ years of experience
Licensed since 2017, with years of hands-on real estate investing experience before that. I became an agent to enhance my own investment knowledge, but discovered my true calling: guiding clients through one of life's biggest decisions. As a Certified Negotiation Expert (CNE), I bring both investor insight and proven negotiation skills to every transaction. Whether you're buying your first home or selling an investment property, you'll have an experienced advocate in your corner who understands the market from every angle.