Current Price

$206,656

1 Month Forecast

â–² $224,214

1-Year Forecast *

â–² $233,284

5-Year Forecast *

â–² $277,900

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Painesville" area is 277,900 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +34.47% meaning that investing 100000 USD today may yield a profit of 34,475 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: $233,284* (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 $108,542 $111,177 $108,472 $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 233,284 USD in one year.

Is it profitable to invest in Painesville homes?

Yes. The long-term profit potential is +12.89% 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 267,990 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 336,561 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 6.313% to 206,656 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 11.105% in 2021
  • 11.295% in 2022
  • 13.635% in 2023
  • 13.915% in 2024
  • 14.265% in 2025
  • 14.755% in 2026

Based on our Painesville real estate market research and report the predicted sales prices will increase by 236.021% in the next 10 years.

Over the last 12 months, the value of homes in Painesville fluctuated: increasing 4 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 224214 210537 237891
September 2025 225474 213524 237424
October 2025 226740 213136 240345
November 2025 228014 205213 250815
December 2025 228612 217181 240043
Painesville Housing Market Forecast with Real Estate Prices for 2026
January 2026 228338 207559 249117
February 2026 228386 213312 243459
March 2026 228738 213870 243606
April 2026 229396 216550 242243
May 2026 230685 210385 250985
June 2026 231981 215047 248916
July 2026 233284 212289 254280
August 2026 234595 215827 253362
September 2026 235913 213973 257853
October 2026 237238 216124 258352
November 2026 238571 223302 253839
December 2026 239558 217039 262076
Painesville Housing Market Forecast with Real Estate Prices for 2027
January 2027 239090 225940 252240
February 2027 238658 224339 252978
March 2027 238271 222545 253997
April 2027 238007 220870 255143
May 2027 237449 216079 258820
June 2027 237383 217205 257560
July 2027 237958 219635 256280
August 2027 239294 219672 258916
September 2027 240639 216575 264702
October 2027 241990 221421 262560
November 2027 243350 230696 256004
December 2027 244717 224405 265029
Painesville Housing Market Forecast with Real Estate Prices for 2028
January 2028 246092 229111 263072
February 2028 247474 231141 263808
March 2028 248864 236421 261308
April 2028 250183 225415 274952
May 2028 251126 228524 273727
June 2028 252244 233830 270658
July 2028 253661 237426 269895
August 2028 255086 235699 274472
September 2028 256468 242363 270574
October 2028 257679 241703 273655
November 2028 258805 236548 281063
December 2028 259955 244098 275813
Painesville Housing Market Forecast with Real Estate Prices for 2029
January 2029 261065 246706 275423
February 2029 262275 244178 280372
March 2029 263621 240422 286819
April 2029 265014 243548 286480
May 2029 266503 252645 280361
June 2029 267555 244545 290565
July 2029 267990 242531 293449
August 2029 268325 250884 285766
September 2029 268820 245432 292207
October 2029 269739 249508 289969
November 2029 270882 249483 292282
December 2029 272404 248977 295831
Painesville Housing Market Forecast with Real Estate Prices for 2030
January 2030 273934 251472 296397
February 2030 275473 260873 290073
March 2030 277021 258737 295304
April 2030 277747 256361 299134
May 2030 277415 254944 299885
June 2030 277472 250835 304110
July 2030 277900 255946 299854
August 2030 278700 256683 300718
September 2030 280266 259246 301286
October 2030 281841 258448 305233
November 2030 283424 264434 302413
December 2030 285016 263925 306107
Painesville Housing Market Forecast with Real Estate Prices for 2031
January 2031 286617 259962 313273
February 2031 288227 270357 306097
March 2031 289847 262311 317382
April 2031 291046 272419 309673
May 2031 290477 275082 305873
June 2031 289953 265597 314309
July 2031 289482 274429 304535
August 2031 289161 262558 315764
September 2031 288484 261944 315025
October 2031 288403 269657 307149
November 2031 289102 270310 307893
December 2031 290726 272410 309041
Painesville Housing Market Forecast with Real Estate Prices for 2032
January 2032 292359 265462 319256
February 2032 294001 272245 315757
March 2032 295653 277322 313983
April 2032 297314 271745 322883
May 2032 298984 275364 322604
June 2032 300664 270597 330730
July 2032 302353 281490 323215

> Page 2: detailed data / price table <

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* 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.