Is Kirtland, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kirtland has remained a Seller's Market.
Housing Prices in Kirtland, OH
How much do homes in Kirtland, OH cost?
Median Sold Price
$340,450
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kirtland was $340,450 in April 2024, up 13.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $34K | $28K | -17.6% |
3 Bedrooms | $247.4K | $305K | +23.2% |
4 Bedrooms | $376K | $412K | +9.6% |
5+ Bedrooms | $950K | $520K | -45.3% |
Summary: Kirtland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 45.3%.
Median Sold Price Compared To Nearby Cities
Kirtland | $299K | $340.4K | +13.9% |
Chardon Township | $320K | $317K | -0.9% |
Willoughby | $245K | $239.5K | -2.2% |
Housing Supply in Kirtland, OH
How many homes are available in Kirtland, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The Kirtland real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Kirtland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Kirtland in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Kirtland, OH
How long does it take to sell a home in Kirtland, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 58 Days | -16.8% |
Summary: Homes in Kirtland had an average of 58 days on market in Apr 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Kirtland; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.