Why Live in Painesville
Painesville, located 30 miles east of Cleveland along the Grand River, is a small city with a population of about 20,000 residents. As the county seat of Lake County, Painesville has a rich history and diverse community, with a median age of 31. The city has invested heavily in its infrastructure and businesses, with major employers including Cintas and Avery Dennison. Downtown Painesville, centered around South State Street and Main Street, features local chains and mom-and-pop shops, while big box stores are found on Mentor Avenue. The Painesville Farmers Market runs every Thursday from June through September in Painesville Square. The city offers ample outdoor recreation with roughly a dozen parks and proximity to Lake Erie, including Kiwanis Recreation Park and Headlands Beach State Park, the largest beach in Ohio. Painesville hosts numerous events throughout the year, such as Hispanic Heritage Month celebrations, Fall Fest, and the Summer Kick Off Block Party. Housing options range from smaller cottages in West Walnut Estates to new traditional homes in Heisley Park, with many older homes available. The primary highways are Lakeland Freeway and Ohio state Route 44, with Interstate 90 facilitating commutes to Cleveland. Cleveland Hopkins International Airport is 40 miles west, offering non-stop departures to over 36 destinations. The city experiences all four seasons with moderate weather patterns and lake-effect snow in the winter.
Home Trends in Painesville, OH
On average, homes in Painesville, OH sell after 31 days on the market compared to the national average of 50 days. The median sale price for homes in Painesville, OH over the last 12 months is $240,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$240,000
Median Single Family Sale Price
$265,000
Median Townhouse Sale Price
$207,500
Median 2 Bedroom Sale Price
$177,600
Median 1 Bedroom Sale Price
$125,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
84
Last 12 months Home Sales
545
Median List Price
$249,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%