Is Beverly, 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, Beverly has remained a Seller's Market.
Housing Prices in Beverly, OH
How much do homes in Beverly, OH cost?
Median Sold Price
$167,500
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Beverly was $167,500 in April 2024, up 7.3% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $92K | N/A |
2 Bedrooms | $114.9K | $122K | +6.2% |
3 Bedrooms | $155K | $168.2K | +8.5% |
4 Bedrooms | $215K | $236K | +9.8% |
5+ Bedrooms | $324.5K | $364.9K | +12.5% |
Summary: Beverly 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 increased by 6.2%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Neighborhoods
South Side | $53.2K | $61.5K | +15.6% |
Southwyck | $192.5K | $216.5K | +12.5% |
Beverly | $156.1K | $167.5K | +7.3% |
Glendale-Heatherdowns | $175K | $185.5K | +6.0% |
Housing Supply in Beverly, OH
How many homes are available in Beverly, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 42 | +13.5% |
Summary: The Beverly real estate market had 42 homes for sale in April 2024, a 13.5% 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 | 6 | 3 | -50.0% |
3 Bedrooms | 25 | 29 | +16.0% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Beverly 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 decreased by 50%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Beverly in April 2024, up by 23.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for Beverly, OH
How long does it take to sell a home in Beverly, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 51 Days | +64.9% |
Summary: Homes in Beverly had an average of 51 days on market in Apr 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Beverly; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.