Mentor Real Estate

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Mentor Real Estate & Homes for Sale in Ohio

Mentor: Welcome to one of the biggest little cities in the country and one of the prettiest stretches of land to be found anywhere in the world. Located along the waterfront of Lake Erie, just 30 minutes from downtown Cleveland, Mentor offers an incomparable lifestyle for its more than 50,000 residents. Festive events like the Annual Hot Air Balloon Rally, the Ohio Polka Fest, the “Concerts in the Park” Series and Mentor’s Festival on the Lagoons keep the year’s social calendar filled with excitement. The area also boasts many fine restaurants, the sixth largest retail shopping center in the state, an active performing arts community, an award-winning 930-acre park system, three lakefront nature preserves, and Lawnfield, the restored home of 20th President James A. Garfield. Immaculate homes dot the water’s edge, while a multitude of other fabulous properties occupy the wooded rolling hills that rise up from Lake Erie’s breathtaking shoreline. This town is truly a remarkable place to live, work and play.  

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Mentor Real Estate in Ohio Mentor Homes for Sale Mentor Real Estate and Homes for Sale in Lake county, Ohio
Price Range of Mentor Houses

Many attractive options exist in the Mentor real estate market with various designs to choose from. Whether you are interested in colonial properties, contemporary homes or ranch-style estates, Mentor will likely have an affordably priced place waiting for you. A fine selection of townhouses and condominiums is also available, most of which are conveniently located within the city near shopping centers and public gathering spaces. This lakeside community with wooded neighborhoods offers two- and three-bedroom homes ranging in price from under $100,000 to $500,000 and higher in areas such as Robinwood, Arrowhead Beach, Independence Place, Farmington Meadows, Bantry Bay, Oxford Glen and Northwood Estates. Most homes possess superb amenities such as basements, large backyards, fireplaces and more. Mentor also has its fair share of historical properties available, as well as land and lots for custom development.

Mentor Real Estate Stats and Trends for the week of August 22nd, 2019: homes priced around $365,725 compared to $161,435 the previous week, showing a increase of more than +56%.  For Thursday, August 22nd, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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