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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boston Heights is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Boston Heights, OH

How much do homes in Boston Heights, OH cost?

Median Sold Price

$560,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$33,000(+6.3%)

Key Takeaway

Homes in Boston Heights have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Boston Heights was $560,000 in May 2024, up 6.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $175K$215K
+22.9%
3 $415K$481.2K
+16.0%
4 $670K$440K
-34.3%
5+ $457.5K$952.5K
+108.2%

Summary: Boston Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 34.3%, and 5+ bedroom homes increased by 108.2%.

Median Sold Price Compared To Nearby Cities

Boston Township
+19.7%
Boston Heights
+6.3%
Peninsula
+4.0%
Hudson
+4.0%
Northfield Center Township
-7.2%

Housing Supply in Boston Heights, OH

How many homes are available in Boston Heights, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
45+25.0%

Summary: The Boston Heights real estate market had 5 homes for sale in May 2024, a 25.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 22
0.0%
5+ 23
+50.0%

Summary: The Boston Heights housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boston Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Boston Heights in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Boston Heights, OH

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

Average Sale Time

May 2023May 2024CHANGE
6 Days14 Days+133.3%

Summary: Homes in Boston Heights had an average of 14 days on market in May 2024, up by 133.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Boston Heights; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Boston Heights, OH

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