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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford Heights is a seller's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

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

How much do homes in Bedford Heights, OH cost?

Median Sold Price

$179,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$33,500(+23.0%)

Key Takeaway

Homes in Bedford Heights have sold for 23% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 --
N/A
2 $75K$159.9K
+113.2%
3 $150K$172K
+14.7%
4 $159.5K$199.9K
+25.3%
5+ $83.2K$334.8K
+302.1%

Median Sold Price Compared To Nearby Cities

Warrensville Heights
+36.4%
Bedford Heights
+23.0%
Bedford
+10.1%
Oakwood
+2.0%

How many homes are available in Bedford Heights, OH?

Number of Homes For Sale

Jun 2022Jul 2022%
3640+11.1%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 11
0.0%
3 2731
+14.8%
4 78
+14.3%
5+ 10
-100.0%

Number of Homes Sold

Jun 2022Jul 2022%
990.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford Heights, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
46 Days15 Days-65.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bedford Heights are selling fast, if you're buying plan to act quickly.

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

About Bedford Heights, OH

Homes for sale in Bedford Heights, OH have reached 40. In July 2022 in Bedford Heights, OH there were 11.1% more homes for sale than in June 2022. While the average time on the market in July 2022 was 15 days, the median list price was $179,000. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 113.2%, prices of 3 bedrooms properties increased by 14.7%, 4 bedrooms properties prices increased by 25.3%, prices of 5 bedrooms properties went up by 302.1%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory increased by 14.8%, the quantity of 4 bedrooms homes went up by 14.3%, number of 5 bedrooms homes decreased by 100%. Over 3 listings were sold over their listed price in July 2022 in Bedford Heights, OH. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price.

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