Current Price

$206,656

1 Month Forecast

â–² $224,212

1-Year Forecast *

â–² $233,268

5-Year Forecast *

â–² $280,460

"Is it a good time to buy homes in Painesville?" "Does investing in real estate in Painesville (Ohio State, Lake County) worth it?" According to our live Forecast System, buying a house in Painesville is a good short-term (1-year) investment*. The Painesville average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Painesville" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Painesville in Ohio State, Lake County. If you are looking for homes for sale with good flipping profit, Painesville can be a profitable property investment option. The median price of an average house in Painesville was 206,656 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Painesville" area is 280,460 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +35.71% meaning that investing 100000 USD today may yield a profit of 35,713 USD by 2031.

Current Median Listing Price: 206,656 USD Median Listing Price Per Square Foot: 115 USD

Painesville Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Painesville (Ohio State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Painesville Price Target

Painesville median home price target in 12 months: $233,268* (upside of 12.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $219,357 $222,961 $219,357 $222,961
2024 $195,480 $206,656 $195,480 $206,656
2023 $181,028 $194,746 $180,977 $194,746
2022 $170,491 $181,453 $170,491 $182,636
2021 $157,998 $169,113 $157,998 $169,113
2020 $141,794 $155,956 $141,794 $155,956
2019 $136,047 $140,549 $136,047 $140,549
2018 $127,961 $135,515 $127,961 $135,515
2017 $124,153 $127,337 $124,153 $127,337
2016 $120,387 $123,810 $120,387 $123,810
2015 $114,629 $120,118 $114,629 $120,118
2014 $112,666 $114,261 $111,633 $114,261
2013 $111,074 $113,071 $110,744 $113,303
2012 $108,322 $111,177 $108,322 $111,177

Questions & Answers about the Painesville Housing Market Forecast

How much does an average home cost in Painesville today?

The value of an average home (the listing price) in Painesville is $206,656 USD.

What is the average price per square foot in Painesville?

According to Walletinvestor the median price per square foot in Painesville is 115 USD.

Will the median listing price of homes in Painesville grow / rise / go up?

Yes. The Painesville home prices may rise from 206,656 USD to 233,268 USD in one year.

Is it profitable to invest in Painesville homes?

Yes. The long-term profit potential is +12.88% in one year.

Will Painesville house prices fall / drop?

No. See above.

What is the predicted price of a Painesville home in 2030?

The predicted home sales price of a Painesville home in 2030 in Painesville is 268,995 USD.

What is the predicted price of a Painesville home in 2035?

The predicted home sales price of a Painesville home in 2035 in Painesville is 336,396 USD.

Will real estate prices decrease in Painesville?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Painesville is the 1498. largest city in the United States, located in Ohio State.

During the last 12 months the real estate prices in Lake, Painesville decreased, looking at the past 12 months.

According to Walletinvestor's Painesville real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.160% to 206,656 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 13.287% in 2021
  • 11.857% in 2022
  • 12.137% in 2023
  • 13.227% in 2024
  • 11.987% in 2025
  • 14.527% in 2026

Based on our Painesville real estate market research and report the predicted sales prices will increase by 235.782% in the next 10 years.

Over the last 12 months, the value of homes in Painesville fluctuated: increasing 5 times .

Painesville (Ohio) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Painesville Housing Market Forecast with Real Estate Prices for 2025
August 2025 224212 210983 237440
September 2025 225469 204500 246438
October 2025 226733 212222 241244
November 2025 228005 216148 239861
December 2025 229283 209336 249231
Painesville Housing Market Forecast with Real Estate Prices for 2026
January 2026 229885 214252 245517
February 2026 229609 213996 245223
March 2026 229657 216566 242747
April 2026 230011 210230 249792
May 2026 230673 208067 253279
June 2026 231967 220137 243797
July 2026 233268 213207 253329
August 2026 234576 214871 254280
September 2026 235891 217256 254527
October 2026 237214 217762 256665
November 2026 238544 218983 258105
December 2026 239882 222850 256913
Painesville Housing Market Forecast with Real Estate Prices for 2027
January 2027 240874 227385 254363
February 2027 240404 226941 253866
March 2027 239969 227971 251968
April 2027 239580 220653 258507
May 2027 239314 219930 258699
June 2027 238754 222996 254512
July 2027 238687 222934 254440
August 2027 239265 222277 256253
September 2027 240607 220637 260577
October 2027 241956 220422 263490
November 2027 243313 225064 261561
December 2027 244677 223146 266209
Painesville Housing Market Forecast with Real Estate Prices for 2028
January 2028 246049 233255 258844
February 2028 247429 227140 267718
March 2028 248816 224432 273200
April 2028 250212 237201 263223
May 2028 251538 228899 274176
June 2028 252485 228499 276471
July 2028 253609 229516 277702
August 2028 255031 231568 278494
September 2028 256461 233893 279030
October 2028 257852 235934 279769
November 2028 259069 234716 283421
December 2028 260201 242247 278155
Painesville Housing Market Forecast with Real Estate Prices for 2029
January 2029 261357 244108 278607
February 2029 262473 245937 279009
March 2029 263689 241275 286103
April 2029 265042 251525 278559
May 2029 266443 242463 290423
June 2029 267937 250253 285621
July 2029 268995 245324 292667
August 2029 269433 243028 295837
September 2029 269769 252234 287304
October 2029 270267 252429 288104
November 2029 271191 245156 297225
December 2029 272340 249736 294945
Painesville Housing Market Forecast with Real Estate Prices for 2030
January 2030 273868 259079 288656
February 2030 275403 248965 301842
March 2030 276948 258946 294949
April 2030 278501 254550 302452
May 2030 280062 252056 308069
June 2030 280797 256929 304664
July 2030 280460 257743 303178
August 2030 280519 258077 302960
September 2030 280951 264094 297808
October 2030 281760 267109 296412
November 2030 283340 257556 309124
December 2030 284929 270398 299461
Painesville Housing Market Forecast with Real Estate Prices for 2031
January 2031 286527 271054 301999
February 2031 288134 260761 315506
March 2031 289749 272075 307424
April 2031 291374 268647 314101
May 2031 293008 275427 310588
June 2031 294220 268034 320406
July 2031 293646 268686 318606
August 2031 293115 277873 308357
September 2031 292639 273911 311368
October 2031 292315 265422 319208
November 2031 291631 276758 306504
December 2031 291549 266476 316622
Painesville Housing Market Forecast with Real Estate Prices for 2032
January 2032 292255 264491 320019
February 2032 293894 265092 322695
March 2032 295542 274558 316525
April 2032 297199 274315 320083
May 2032 298866 277347 320384
June 2032 300541 276498 324585
July 2032 302227 282582 321871

> Page 2: detailed data / price table <

Best Painesville property forecast, Painesville house price prediction, Painesville housing forecast, Painesville property investment tips, Painesville prediction, Painesville real estate analyst report, Painesville property price forecast, Painesville housing index forecast tomorrow, Painesville real estate technical analysis, Painesville property future price, Painesville housing projections, Painesville property market prognosis, Painesville expected house price.
How will Painesville house price increase? Will Painesville real estate prices go up? Will Painesville real estate prices fall? Will Painesville house prices drop? Will Painesville house prices rise? Is Painesville housing price going up? Is it time to buy a Painesville home? When will Painesville house prices go down? When will Painesville real estate prices drop?
* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.