Why Live in Painesville
Painesville, OH, 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 dating back to 1800 and has evolved from a vacation destination to an industrial hub. The city is known for its diversity, with a significant Hispanic population contributing to a vibrant cultural scene, including numerous Hispanic restaurants and summer events. The commercial landscape features a mix of local chains and mom-and-pop shops, particularly concentrated around South State Street and Main Street. The Painesville Farmers Market, held every Thursday from June through September, is a local favorite. Outdoor enthusiasts will appreciate the city's dozen parks and proximity to Lake Erie, just 2 miles north. Kiwanis Recreation Park offers various amenities, including river fishing and disc golf, while Headlands Beach State Park, 3 miles away, boasts Ohio's largest beach. Annual events like Hispanic Heritage Month and El Grito celebrate the city's cultural diversity, alongside other festivities such as Fall Fest and the Summer Kick Off Block Party. Housing in Painesville ranges from older homes needing some care to new traditional builds in neighborhoods like Heisley Park. The city is served by the Painesville City Local School District and Lake Erie College. Major highways, including Lakeland Freeway and Ohio state Route 44, facilitate commutes, while Cleveland Hopkins International Airport, 40 miles west, offers extensive travel options. Painesville experiences all four seasons with moderate weather patterns and occasional lake-effect snow in winter.
Home Trends in Painesville, OH
On average, homes in Painesville, OH sell after 36 days on the market compared to the national average of 69 days. The median sale price for homes in Painesville, OH over the last 12 months is $302,750, down 17% from the median home sale price over the previous 12 months.
Median Sale Price
$302,750
Median Single Family Sale Price
$364,125
Median Townhouse Sale Price
$205,000
Median 2 Bedroom Sale Price
$155,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
16
Last 12 months Home Sales
106
Median List Price
$312,449
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-17%