Is Brecksville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
Since last year, Brecksville has remained a Seller's Market.
Key Takeaway
Brecksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Brecksville, OH cost?
Median Sold Price
$345,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
+$1,500(+0.4%)
Key Takeaway
The sold price of homes in Brecksville has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | $54.2K | $70.5K | +30.0%  |
| 2 Bedrooms | $131K | $147K | +12.2% |
| 3 Bedrooms | $269.5K | $290K | +7.6% |
| 4 Bedrooms | $425K | $447.5K | +5.3% |
| 5+ Bedrooms | $475K | $704.5K | +48.3% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Broadview Heights | +6.1% |
| Sagamore Hills Township | +4.2% |
| Richfield | +2.6% |
| Brecksville | 0.4% |
How many homes are available in Brecksville, OH?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 75 | 70 | -6.7% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0%  |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 34 | 27 | -20.6% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 25 | 18 | -28.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brecksville, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 42 Days | 16 Days | -59.7% |
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brecksville are selling fast, if you're buying plan to act quickly.
