Is Maple Heights, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maple Heights is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Maple Heights has remained a Seller's Market.

Key Takeaway

Maple Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maple Heights, OH

How much do homes in Maple Heights, OH cost?

Median Sold Price

$123,236

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$8,424(+7.3%)

Key Takeaway

Homes in Maple Heights have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Maple Heights was $123,236 in August 2024, up 7.3% from last year, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $35K$34K
-2.9%
2 $84K$89K
+6.1%
3 $116.9K$125K
+6.9%
4 $135K$134.9K
0%
5+ $143K$145.4K
+1.7%

Summary: Maple Heights housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Walton Hills
+19.0%
Bedford Heights
+14.7%
Bedford
+13.1%
Maple Heights
+7.3%
Garfield Heights
+4.8%

Housing Supply in Maple Heights, OH

How many homes are available in Maple Heights, OH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1461460.0%

Summary: The Maple Heights real estate market had 146 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 02
+100.0%
2 1819
+5.6%
3 105107
+1.9%
4 2117
-19.0%
5+ 21
-50.0%

Summary: The Maple Heights housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
4037-7.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple Heights, you may be able to get a good deal. 45.9% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in Maple Heights in August 2024, down by 7.5% month-over-month. Of the 37 sold homes, 46% were sold under asking, 11% were sold at asking, and 43% were sold over asking.

Days on Market for Maple Heights, OH

How long does it take to sell a home in Maple Heights, OH?

Average Sale Time

Aug 2023Aug 2024CHANGE
32 Days48 Days+48.4%

Summary: Homes in Maple Heights had an average of 48 days on market in Aug 2024, up by 48.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Maple Heights has remained consistent over time.

Summary: During August 2024, 37 homes were sold in Maple Heights; 43% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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