September delivered another active month for Mentor real estate, with 68 residential closings representing approximately $20.72 million in closed volume. Interestingly, that was the same number of transactions recorded in August, although the composition of those sales shifted in several meaningful ways.
The September MLS dataset included 56 properties classified as single-family residences and 12 condominiums. One of the single-family records was a $7,000 mobile/manufactured residence in Mentor Estates, so for a more meaningful comparison of conventional detached housing, we separate that transaction from the conventional single-family analysis below. The MLS identifies it as a 400-square-foot mobile/manufactured residence with monthly community charges.
Among the 55 conventional single-family homes, the median sale price was $320,000, the average was approximately $338,708 and median reported Days on Market was 16 days. The 12 condominium transactions produced a median sale price of $165,900 and an average of approximately $173,585.
The broader takeaway is that Mentor continued to show activity across an unusually wide range of price points. Buyers purchased everything from smaller established homes and condominiums to newer construction and larger residences above $500,000. As always, the citywide number provides useful context, but it does not tell a homeowner what a specific property is worth.
Mentor Real Estate | September 2026 at a Glance
Market Segment | September Closings | Closed Volume | Median Sale Price | Median DOM |
|---|---|---|---|---|
Conventional Single-Family Homes | 55 | $18.63M | $320,000 | 16 days |
Condominiums | 12 | $2.08M | $165,900 | 24 days |
Mobile/Manufactured | 1 | $7,000 | $7,000 | 147 days |
All Residential | 68 | $20.72M | $303,750 | 21 days |
That range is precisely why Mentor should not be analyzed as one interchangeable housing market. A Mentor Headlands ranch, an established subdivision home, a Newell Creek property, a newer Brookview Reserve residence and a condominium may all carry a Mentor address, but the buyers evaluating them are often comparing very different alternatives.
What Did Single-Family Homes Sell for in Mentor?
The 55 conventional single-family closings generated approximately $18.63 million in volume during September. The median sale price was $320,000, while the average was approximately $338,708.
The difference between the median and average was relatively modest, which tells us September activity was not being distorted by one or two extremely high-priced transactions. Instead, the market remained heavily concentrated between $200,000 and $400,000 while still supporting a meaningful upper segment.
Mentor Single-Family Sales by Price Range
Single-Family Sold Price | September Closings |
|---|---|
Under $200,000 | 4 |
$200,000 to $299,999 | 17 |
$300,000 to $399,999 | 19 |
$400,000 to $499,999 | 9 |
$500,000+ | 6 |
Thirty-six of September’s 55 conventional single-family closings occurred between $200,000 and $399,999. At the same time, six homes sold at $500,000 or above, twice the number recorded in that price range during August.
That matters because it shows two things at once: Mentor’s core market remains broad, but buyers are also willing to move substantially higher when the home, location, condition and amenities justify it.
Highest Mentor Home Sales | September 2026
Property | Sold Price | Final List Price | DOM |
|---|---|---|---|
8098 Castleton Drive | $614,600 | $589,900 | 3 |
8259 Brookview Lane | $560,000 | $565,000 | 40 |
7633 Debonaire Drive | $535,000 | $535,000 | 2 |
7820 Lynford Way | $512,500 | $550,000 | 92 |
7202 Elivia Lane | $502,000 | $485,000 | 3 |
The highest-priced September sale was 8098 Castleton Drive in Newell Creek, which closed for $614,600 against a $589,900 final list price after only three reported days on market. The MLS reports approximately 3,504 total square feet including finished lower-level space.
8259 Brookview Lane closed for $560,000 after 40 days. The property was identified as a 2024 home in Brookview Reserve with approximately 2,881 square feet. 7633 Debonaire Drive closed at its $535,000 asking price after only two reported days on market.
7820 Lynford Way closed for $512,500 after 92 reported DOM and 139 cumulative DOM, while 7202 Elivia Lane closed for $502,000 against a $485,000 final list price after only three days.
Those five sales are a useful illustration of how differently higher-priced Mentor homes can perform. Two of the five closed above final asking price within three days, one sold at asking after two days, one sold slightly below asking and another required considerably more time and negotiation.
The price range may be similar. The buyer response can be very different.
What Are Buyers Rewarding in the Higher End?
September’s upper-tier Mentor sales reinforce several themes we continue to see. Newer construction, substantial finished living space, flexible floor plans, updated interiors, desirable subdivision settings, first-floor living and strong outdoor environments can materially influence buyer perception.
The $614,600 Castleton Drive sale was a Newell Creek ranch. Brookview Lane was a 2024 home. Debonaire offered a larger lot and established neighborhood setting. Elivia Lane was built in 2021 and included finished lower-level space.
For sellers, the point is not that every improvement produces an equal return. Buyers are comparing the complete package. Condition, layout, lot, age, neighborhood, major improvements, finished space and presentation work together to determine whether a property feels compelling at its asking price.
Are Mentor Homes Still Selling Above Asking Price?
Yes, but September was highly balanced.
Among the 55 conventional single-family closings, 24 sold above the final list price, eight sold at final list price and 23 sold below it. The median sale-to-final-list ratio was essentially 100%.
That statistic is particularly interesting because it does not describe an aggressively one-sided market. Nearly as many homes closed below asking as above it. The stronger conclusion is that correctly positioned homes can still generate competition.
8098 Castleton Drive sold $24,700 above its final asking price after three days. 7202 Elivia Lane sold $17,000 above asking after three days. Other properties required negotiation or considerably longer exposure.
For sellers, that is an important distinction. “Mentor homes are selling around asking price” does not mean every property can be priced arbitrarily. It means the market is rewarding certain homes while pushing back on others.
How Quickly Are Mentor Homes Selling?
Median reported Days on Market for September’s 55 conventional single-family closings was 16 days. That is exactly the same median DOM recorded in the August Mentor analysis.
But the median does not tell the entire story. Several September homes went under contract almost immediately, while others had been exposed for months. The top-five sales alone ranged from two days to 92 days.
This is why market time should be viewed as a property-specific outcome rather than a promise. A desirable home can still move exceptionally quickly. A property that enters the market ahead of buyer perception may require time, repositioning or negotiation. The market’s initial response remains one of the most valuable signals a seller receives.
Mentor Condominium Market | September 2026
Mentor recorded 12 condominium closings in September totaling approximately $2.08 million. The median condo sale price was $165,900, the average was approximately $173,585 and median reported DOM was 24 days.
Mentor Condominium Sales by Price Range
Condominium Sold Price | September Closings |
|---|---|
Under $200,000 | 10 |
$200,000 to $299,999 | 1 |
$300,000 to $399,999 | 1 |
$400,000+ | 0 |
Ten of the 12 September condo sales closed below $200,000. The highest condominium transaction was 7840 Overton Drive at $340,000, followed by 6831 Farmingdale Lane at $218,000.
That concentration is very different from the single-family market and again shows why condos should not be blended into one Mentor-wide home-price statistic. Condo buyers may be evaluating association fees, reserves, exterior maintenance, restrictions, garage configuration, first-floor living, amenities, condition and the financial health of the development in addition to the residence itself. Those considerations can make two condos with similar square footage perform very differently.
September Compared With August
August and September recorded the exact same number of residential closings: 68.
September produced approximately $20.72 million in total residential volume compared with approximately $21.27 million in August. The difference was not dramatic, but the composition of those sales changed.
August included 51 single-family sales and 17 condominium closings. September’s MLS classifications included 56 single-family residences and 12 condominiums, although one of those single-family records was the $7,000 manufactured residence discussed earlier.
Mentor | August vs. September 2026
Market Measure | August 2026 | September 2026 |
|---|---|---|
Total Residential Closings | 68 | 68 |
Closed Volume | $21.27M | $20.72M |
Single-Family Closings | 51 | 55 conventional |
Condo Closings | 17 | 12 |
Single-Family Median | $330,000 | $320,000 |
Condo Median | $190,000 | $165,900 |
Single-Family Median DOM | 16 days | 16 days |
The single-family median moved from $330,000 in August to $320,000 in September, while the condo median moved from $190,000 to $165,900. Those figures are useful, but they should not automatically be interpreted as equivalent month-to-month declines in individual home values.
The composition of sales changed.
Single-Family Price Distribution | August vs. September
Single-Family Price Range | August Closings | September Closings |
|---|---|---|
Under $200,000 | 5 | 4 |
$200,000 to $299,999 | 13 | 17 |
$300,000 to $399,999 | 17 | 19 |
$400,000 to $499,999 | 13 | 9 |
$500,000+ | 3 | 6 |
September had more closings in the $200,000s and $300,000s, fewer in the $400,000s and twice as many at $500,000 or above. That makes the month especially interesting. The median moved slightly lower, yet upper-end activity actually increased.
This is exactly why a seller should never look at one monthly median and conclude that every Mentor property moved in the same direction. The mix of properties matters.
Mentor, Ohio Market Intelligence | August 2026
Is the Upper End of the Mentor Market Growing?
September certainly showed stronger activity above $500,000 than August, but one month should not be treated as a long-term trend.
Six conventional single-family homes closed at $500,000 or more in September compared with three in August. September’s highest closing reached $614,600, slightly above August’s $600,000 top sale.
The more useful takeaway is that Mentor does have an active higher-value segment. A homeowner with a newer residence, extensive renovation, significant finished space, a pool, larger lot, sought-after subdivision location or other difficult-to-duplicate features should not assume the city’s broad median accurately represents that property.
The correct comparable set matters far more.
What September Means for Mentor Sellers
September gives Mentor homeowners a fairly clear message: buyers remain active, but they are not treating every property equally.
Nearly half of conventional single-family homes sold above final asking price, yet 23 of 55 closed below it. Some of the highest-priced homes attracted buyers in only two or three days, while others required months.
That is not a market where one pricing strategy works for everyone.
Sellers should focus on how their home compares with the choices a buyer has today. A renovated ranch with a pool may compete differently from an older home needing updates. A newer Newell Creek home may draw comparisons with properties outside its immediate street. A larger lot, additional garage capacity, finished lower level or first-floor suite may place a home into an entirely different competitive group.
The more useful question is not, “What is the average Mentor home worth?” It is, “What are buyers paying for homes that truly compete with mine?”
What September Means for Mentor Buyers
Mentor buyers should also resist broad assumptions. Yes, some homes are selling below asking. But many are not. Twenty-four conventional single-family homes closed above final list price in September, and several desirable properties moved almost immediately.
That means buyers should evaluate the individual opportunity rather than simply waiting for a price reduction. Condition, neighborhood, finished living area, lot quality, updates, major mechanical systems, garage space, outdoor amenities and replacement difficulty all matter.
The strongest value is not always the property with the biggest discount. Sometimes it is the property buyers recognize will be difficult to replace.
Should I Sell My Mentor Home Now or Wait?
For homeowners already considering a move, September reinforces why the decision should be based on the individual property rather than an assumption about what the market may do several months from now.
Waiting does not automatically mean receiving more money, just as selling now does not automatically mean leaving money on the table. Current competition, property condition, price range, buyer demand and the seller’s own plans should all be part of the decision.
The Luxury Home Experts’ Take
Mentor is one of Lake County’s clearest examples of why broad averages have limits.
September included a $90,000 condominium, conventional single-family homes below $150,000, a large concentration of sales between $200,000 and $400,000, and six conventional homes above $500,000. At the very top, Newell Creek reached $614,600.
Those are all Mentor transactions.
They are not all the same market.
Established neighborhoods, newer construction, Mentor Headlands properties, condominiums, larger lots, homes with pools, extensively renovated residences and newer subdivision homes can attract different buyers and produce very different results.
Broad market statistics give us context. Property-specific analysis tells us how to use that information.
For a Mentor seller, the goal is not simply to put a home on the market. It is to know where the property belongs before it ever launches.
Mentor, Ohio Real Estate FAQ | September 2026
How many homes sold in Mentor in September 2026?
The supplied September MLS report contains 68 residential closings. MLS classified 56 as single-family residences and 12 as condominiums. One of the single-family records is a mobile/manufactured residence and is separated from the conventional-home statistics in this report.
What was the median Mentor home price in September 2026?
Among the 55 conventional single-family closings, the median sale price was $320,000.
What was the average Mentor single-family sale price?
The average among those 55 conventional single-family transactions was approximately $338,708.
What was the median Mentor condominium sale price?
The median among the 12 September condo closings was $165,900.
What was the highest-priced Mentor home sale in September?
8098 Castleton Drive closed for $614,600 against a $589,900 final list price after three reported days on market.
How long are Mentor homes taking to sell?
Median reported DOM among September’s conventional single-family closings was 16 days. Individual properties varied considerably.
Are Mentor homes still selling above asking price?
Yes. Twenty-four of the 55 conventional single-family homes sold above final list price, eight sold at final list and 23 sold below it.
Are higher-priced homes selling in Mentor?
Yes. Six conventional single-family homes closed at $500,000 or above in September, compared with three in August.
Did Mentor home values decline from August to September?
The conventional single-family median moved from $330,000 in August to $320,000 in September, but monthly medians are affected by which homes happen to close. September simultaneously recorded more $500,000-plus closings than August, so the change should not be treated as evidence that every Mentor property declined by the same percentage.
There is no single Mentor-wide statistic that can answer that accurately. Neighborhood, condition, updates, lot, finished living space, age, property type, garages, pools, subdivision, location and current competing inventory can materially influence what a buyer is willing to pay.
Considering Selling a Mentor Home?
Before choosing a price, renovating, repairing or putting your home on the market, understand what buyers are actually paying for the Mentor properties that compete directly with yours.
Mark and Denise Zervos and The Luxury Home Experts at Platinum Real Estate provide property-specific market analysis, strategic pricing, elevated presentation, sophisticated marketing and experienced negotiation for Mentor and Lake County homeowners.
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Data Source & Methodology
This Mentor Market Intelligence analysis was prepared from the September 2026 residential MLS report supplied for review. The dataset contains 68 September residential closings, including 56 records classified by MLS as Single Family Residence and 12 condominiums.
One of the single-family records, 9151 Mentor Avenue #C1, is identified in the MLS report as a mobile/manufactured residence that closed for $7,000. Because that property type is not meaningfully comparable with conventional detached housing, it is reported separately and excluded from the conventional single-family median, average, price-band and sale-to-list statistics.
The resulting conventional single-family analysis uses 55 transactions. DOM represents reported Days on Market. Sale-to-list calculations compare sold price with the final list price appearing on the closed MLS report, which may differ from a property’s original asking price. Median, average, transaction-count and price-band figures were calculated from the supplied September dataset.
August comparison figures come from the previously published Mentor, Ohio Market Intelligence August 2026 report. August included 68 closings representing approximately $21.27 million in volume, with a $330,000 single-family median and $190,000 condominium median.
MLS information is believed to be reliable but is not guaranteed and should be independently verified. Properties identified as notable market sales are presented solely for market-analysis purposes.
