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Axtel (Axtell) Birmingham Florence Florence Township Joppa (Jopa) Vermilion Township (Vermillion Township)

WAKEMAN, OH 44889

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 44889

Axtel (Axtell) · Birmingham · Florence · Florence Township · Joppa (Jopa) · Vermilion Township (Vermillion Township)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WAKEMAN, OH real estate market (44889) currently shows 13 active listings, with 6 pending sales. Homes are averaging 130 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 130 days on market compared to 54 days last year.

The median listing price has risen 21.8% year-over-year, from $346,950 to $422,500.

Whether you are buying or selling in WAKEMAN, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,735  ·  Density: 33.9/mi²  ·  Median household income: $79,375

Typical home value: $213,032  ·  Homeownership: 84.6%

Market Overview

Active Listings
13
⇩ 18.8% vs 16 last year
Pending
6
46% pending ratio
Median Price
$422,500
⇧ 21.8% vs $346,950 last year
Average Price
$515,206
⇧ 4.8% vs $491,488 last year
Days on Market
130
⇧ 140.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$183
⇧ 15.1% vs $159/sqft last year
Median Home Size
1,968 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 16 last year
  • Days on market: 130 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $422,500 (+21.8% YoY)
  • Average: $515,206 (+4.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.8 miles — 291 listings ($108,222,444 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44889Wakeman, OH 448890.0 mi14$6,907,572$375,000$493,398
44826Collins, OH 448265.1 mi4$1,269,600$317,400$317,400
44074Oberlin, OH 440748.1 mi27$9,491,283$365,000$351,529
44851New London, OH 448519.8 mi17$7,607,092$448,000$447,476
44001Amherst, OH 4400110.5 mi50$16,305,100$313,600$326,102
44839Huron, OH 4483912.6 mi49$25,786,985$317,450$526,265
44050Lagrange, OH 4405013.0 mi14$5,271,574$399,900$376,541
44053Lorain, OH 4405315.0 mi55$15,746,555$266,725$286,301
44859Nova, OH 4485915.9 mi4$2,029,800$507,450$507,450
44880Sullivan, OH 4488017.0 mi4$1,510,000$399,900$377,500
44044Grafton, OH 4404417.7 mi17$8,964,576$417,450$527,328
44055Lorain, OH 4405518.2 mi31$4,516,142$144,725$145,682
44253Litchfield, OH 4425318.8 mi5$2,816,165$522,225$563,233

Frequently Asked Questions

How many homes are for sale in WAKEMAN, OH 44889?

As of March 2026, there are 13 active listings in WAKEMAN, OH (zip code 44889), compared to 16 the prior year.

What is the median home price in WAKEMAN, OH 44889?

The median listing price in WAKEMAN, OH 44889 is $422,500 as of March 2026, a 21.8% increase from $346,950 the prior year.

How long do homes stay on the market in WAKEMAN, OH?

Homes in WAKEMAN, OH 44889 spend an average of 130 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in WAKEMAN, OH 44889?

Based on current inventory and days-on-market data as of March 2026, WAKEMAN, OH 44889 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 130 days on market compared to 54 days last year.

How much can I save on real estate commission in WAKEMAN, OH?

With SELL123.com's maximum 3% commission, sellers in WAKEMAN, OH 44889 save an estimated $8,450 compared to a typical 5% commission on the median listing price of $422,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.