CONCORD TOWNSHIP'S AUGUST NUMBERS TELL A VERY DIFFERENT STORY THAN A TYPICAL LAKE COUNTY AVERAGE.
During August 2026, 19 residential properties closed in Concord Township, representing approximately $10.24 million in closed residential volume.
Of those sales:
16 were single-family homes
3 were condominiums
And the difference between those two segments was substantial.
The median single-family home sold for approximately $602,500, while the median condominium sale was $195,000.
That is precisely why combining every residential sale into one citywide average can create a misleading picture of the Concord Township market.
Concord Township Real Estate | August 2026 at a Glance
Market Segment | August Closings | Closed Volume | Median Sale Price | Median DOM |
|---|---|---|---|---|
Single-Family Homes | 16 | $9.53M | $602,500 | 37.5 days |
Condominiums | 3 | $710,000 | $195,000 | 35 days |
Combined | 19 | $10.24M | $569,900 | 37 days |
Across all 19 transactions, 8 closed at or above the final list price shown in MLS, while 11 closed below it.
But the more interesting story is happening inside the single-family market.
More than half of Concord Township's August single-family sales closed at $600,000 or above.
That immediately tells us this market should not be analyzed using a generic Lake County median.
What Did Single-Family Homes Sell for in Concord Township?
Concord Township recorded 16 single-family home closings during August 2026 totaling approximately $9.53 million.
The median sale price was $602,500.
The average sale price was approximately $595,542.
Unlike some markets where a few very expensive properties pull the average substantially above the median, Concord's median and average were relatively close. That suggests August activity was meaningfully concentrated in the upper-middle and higher price ranges rather than being driven by only one unusually expensive transaction.
Where Were Concord Township Buyers Purchasing?
The single-family price distribution is particularly telling:
Single-Family Sold Price | August Closings |
|---|---|
Under $400,000 | 2 |
$400,000–$499,999 | 3 |
$500,000–$599,999 | 2 |
$600,000–$699,999 | 5 |
$700,000–$799,999 | 3 |
$800,000+ | 1 |
Nine of the 16 single-family homes sold for $600,000 or more.
Four sold for $700,000 or more.
For Concord Township homeowners with larger homes, acreage, newer construction or distinctive properties, those numbers matter. They show that the market was not limited to lower-priced housing.
Buyers were actively purchasing higher-value Concord Township properties in August.
Highest Concord Township Home Sales | August 2026
Property | Sold Price | Final List Price | DOM | Property Detail |
|---|---|---|---|---|
7125 Bridlewood Drive | $940,000 | $999,900 | 79 | 3.23 acres |
SL 10 Topaz Court | $779,489 | $659,900 | 5 | New construction |
SL 16 Topaz Court | $735,275 | $700,000 | 1 | New construction |
10151 Karaboo Trail | $730,000 | $750,000 | 20 | 1.83 acres |
8255 Hemingway Lane | $655,000 | $662,500 | 6 | 4,653 sq. ft. |
The highest-priced August closing was 7125 Bridlewood Drive at $940,000. The MLS identifies the Ledgewood Crossing property as a four-bedroom residence with approximately 5,601 total finished square feet on 3.23 acres.
Two of the five highest-priced transactions occurred in Blackmore Estates on Topaz Court. One closed at $779,489 and the other at $735,275. Both are identified in MLS as 2025 builder properties.
10151 Karaboo Trail closed at $730,000. The MLS reports a 2015 home on approximately 1.83 acres with 3,568 total finished square feet and a reported $280.66 per square foot.
8255 Hemingway Lane closed at $655,000 after only six reported DOM and offered approximately 4,653 square feet.
What Do Concord Township's Highest Sales Tell Us?
A pattern emerges quickly.
Space, acreage, newer construction and distinctive homes matter in Concord Township.
The highest-priced sale involved more than three acres. Another upper-end closing offered approximately 1.83 acres. Two of the top five transactions were newer builder homes. And the Hemingway Lane sale offered more than 4,600 square feet. This is important for sellers because Concord Township includes housing that does not always fit neatly into a basic price-per-square-foot comparison.
A home's value may be influenced by:
Acreage and privacy
Newer construction
Quality and extent of renovation
Finished lower-level space
First-floor primary living
Architectural quality
Outdoor amenities
Pools
Wooded or scenic settings
Garage capacity
Public sewer versus septic
Neighborhood and subdivision
School district
Current competing inventory
That means two homes with similar square footage can compete very differently.
Are Concord Township Homes Selling Above Asking Price?
Some are, but August was not an across-the-board over-asking market.
Among the 16 single-family home closings:
6 sold above final list price
2 sold at final list price
8 sold below final list price
The median sale-to-final-list ratio was approximately 99.9%.
At first glance, that looks extraordinarily close to asking price.
But there is an important detail.
Two of the above-list transactions were the Topaz Court builder sales. Builder transactions can reflect selections, upgrades and contract structures that do not behave exactly like conventional resale listings. For that reason, a homeowner should not interpret those two closings as evidence that every Concord home should be deliberately priced below an expected sale price.
Among the more conventional resale transactions, buyer response was mixed.
Correct positioning still mattered.
A Perfect Example of Why the Details Matter
11321 Somerset Trail sold for $475,000 against a $450,000 final list price after only one reported day on market.
By contrast, other August homes required considerably longer exposure and ultimately sold below their asking prices. That does not mean one pricing strategy works for every property. It demonstrates that when buyers perceive a property as compelling relative to its competition, they can respond very quickly.
How Long Are Concord Township Homes Taking to Sell?
The median reported market time among August single-family closings was approximately 38 days.
But the range was wide. Five of the 16 single-family homes reported six DOM or less. At the opposite end, some August closings had been exposed to the market for several months.
That variance matters. It tells sellers that simply knowing the township median does not predict how an individual home will perform.
The property and the strategy matter.
A well-positioned home may generate immediate interest. A home that enters the market ahead of its competitive value may need additional time or price adjustments before connecting with the right buyer.
Concord Township Condominium Market | August 2026
Concord Township's condo market was much smaller than its single-family market during August.
Only three condominium transactions met the strict Concord Township and August closing criteria used in this analysis.
Those three sales totaled approximately $710,000.
The median condo sale price was $195,000.
The average sale price was approximately $236,667.
Median reported DOM was 35 days.
Because there were only three transactions, these numbers should be viewed as a snapshot rather than a broad condo-market trend.
Concord Township Condo Sales | August 2026
Property | Sold Price | Final List Price | DOM |
|---|---|---|---|
6871 Auburn Road #5 | $400,000 | $429,900 | 42 |
7087 Village Drive | $195,000 | $212,000 | 24 |
9956 Johnnycake Ridge Road #L1 | $115,000 | $124,900 | 35 |
The highest condo transaction was 6871 Auburn Road #5 at $400,000. The residence offered approximately 2,485 finished square feet including the lower level and closed after 42 reported DOM.
The three condo closings illustrate another reason we should never combine condos and single-family homes when discussing Concord Township pricing.
A smaller condo at $115,000 and a $940,000 acreage property are technically both residential sales.
They are not the same market.
Are Buyers Paying Cash in Concord Township?
Cash played a role in August, but financing remained dominant in the single-family market.
Five of the 19 qualifying transactions were reported as cash purchases. Interestingly, all three condominium transactions were cash, while only two of the 16 single-family transactions were reported as cash.
It is another reminder that local real estate behavior changes substantially from one market to another.
What Does August Tell Us About Concord Township Home Values?
The $602,500 median single-family sale price is useful market information.
It is not an automatic valuation for a Concord Township home.
Consider the difference between:
A half-acre property and a three-acre estate. A 1970s residence and new construction. A home with a finished lower level and one without. A property requiring renovation and one with extensive recent improvements. A conventional subdivision lot and a private wooded or scenic setting. A home served by public sewer and one with septic. Those differences can be financially significant.
The correct question is not:
“What is the average house worth in Concord Township?”
The better question is:
“What are buyers paying for the homes that actually compete with mine?”
Is the Higher-End Concord Township Market Active?
Yes.
August produced:
9 single-family sales at $600,000 or above
4 sales at $700,000 or above
1 sale at $940,000
That is substantial activity for a 16-sale single-family sample. It means more than half of the month's single-family closings occurred at $600,000 or higher. For homeowners with larger, newer or distinctive properties, that is an important signal. But higher price does not eliminate buyer scrutiny.
The $940,000 Bridlewood closing, for example, came from a $999,900 final list price and required 79 reported DOM.
Meanwhile, other upper-end properties moved within days.
The buyer is there. The positioning still has to make sense.
What Is August Telling Concord Township Sellers?
August gives Concord Township homeowners several useful signals.
The upper end is active. More than half of single-family closings exceeded $600,000.
Buyers will compete for certain properties. Several homes closed above final asking price.
Not every property produces the same result. Half of the single-family closings sold below final list price.
Market time varies considerably. Some properties moved almost immediately while others required months.
Property characteristics matter tremendously in Concord. Acreage, finished space, newer construction, privacy, condition and neighborhood can dramatically change the competitive set.
For a seller, the objective is not simply to put the property online.
It is to understand exactly where it belongs in the market before it launches.
What Does August Mean for Concord Township Buyers?
Buyers should not assume every seller has substantial negotiating room. Some August homes attracted enough demand to close above asking price. Others ultimately sold below their listed prices.
Before making an offer, buyers should evaluate:
Recent truly comparable sales
Current competing inventory
Original and current list price
Days on market
Property condition
Major mechanical systems
Acreage and lot characteristics
Finished living space
Septic or sewer considerations
Subdivision and location
Renovations and improvements
How difficult the home's features would be to duplicate
The strongest value is not necessarily the property with the lowest price. Sometimes it is the property whose land, location, construction or improvements would be exceptionally difficult to reproduce.
The Luxury Home Experts' Take
Concord Township is not a cookie-cutter housing market.
That is one of the most important conclusions from August.
Homes can differ substantially in acreage, age, architecture, construction quality, finished square footage, setting and amenities. The market included everything from modest residential properties to newer construction and a nearly million-dollar acreage sale. That makes automated valuations and broad Lake County averages particularly limited when evaluating a distinctive Concord property. August showed strong activity above $600,000, continued buyer competition for select properties and meaningful differences in market time.
Broad statistics give us context.
Property-specific analysis tells us what to do with that information.
For sellers, that distinction matters.
The goal is not simply to list your Concord Township home. It is to enter the market correctly.
Concord Township Real Estate FAQ | August 2026
How many homes sold in Concord Township in August 2026?
Using August 1 through August 31 closing dates and the Concord Township field within the supplied MLS data, 19 residential properties closed, including 16 single-family homes and three condominiums.
What was the median Concord Township home price?
The median sale price among August's 16 single-family homes was $602,500.
What was the average single-family sale price?
The average was approximately $595,542.
How long are homes taking to sell in Concord Township?
Median reported DOM among August single-family closings was approximately 38 days, although individual results varied substantially.
Are Concord Township homes selling over asking price?
Some are. Six of 16 single-family homes closed above the final list price shown in MLS, two sold at final list price and eight sold below.
What was the highest-priced Concord Township home sale in August 2026?
7125 Bridlewood Drive closed for $940,000. The MLS reports a four-bedroom residence with approximately 5,601 total finished square feet on 3.23 acres.
Are higher-priced homes selling in Concord Township?
Yes. Nine of the 16 single-family August closings were $600,000 or higher, including four at $700,000 or more.
What was the median Concord Township condo price?
The median among the three qualifying August condo transactions was $195,000.
Is now a good time to sell a Concord Township home?
That depends on the individual property, condition, acreage, price range and current competition. August shows meaningful activity, particularly in higher price ranges, but a property-specific analysis is much more useful than a township-wide median.
Considering Selling a Home in Concord Township, Ohio?
Before choosing a price, making major improvements or putting your property on the market, understand what today's buyers are actually paying for homes that compete directly with yours.
Denise & Mark Zervos and The Luxury Home Experts at Platinum Real Estate provide property-specific market analysis, strategic pricing, elevated presentation and targeted marketing for homeowners throughout Concord Township and Lake County.
Request Your Concord Township Home Evaluation
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Data Source & Methodology
This Concord Township Market Intelligence | August 2026 analysis was prepared from the supplied 46-page residential MLS report. The source contained 23 residential records. Three properties carried July 31, 2026 closing dates and were excluded from the August analysis. One additional transaction, 7047 Bristlewood Drive, is displayed with a Concord Township mailing/address designation in the report, but its internal MLS township field identifies Painesville Township. For geographic accuracy, that transaction was not included in the Concord Township calculations. The resulting analysis therefore includes 19 August Concord Township transactions: 16 single-family residences and three condominiums. DOM represents reported Days on Market. Sale-to-list comparisons use the final list price appearing on the closed MLS record, which may differ from the property's original asking price. The Topaz Court transactions are identified as builder/new-construction records and should not necessarily be interpreted in the same manner as conventional resale transactions. MLS information is believed to be reliable but is not guaranteed and should be independently verified. The underlying MLS report likewise states that listing information can come from multiple sources and consumers should rely on their own investigation.
Properties identified as notable market sales are presented for market-analysis purposes.
