$2,136 Closing Credit*
$179,900
1,506 SqFt
4 Beds
•2 Full Baths
Patrick R Fogarty, Listing Office: Coldwell Banker Schmidt Realty
Is Broadview Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Broadview Heights has remained a Seller's Market.
Key Takeaway
Broadview Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadview Heights, OH
How much do homes in Broadview Heights, OH cost?
Median Sold Price
$310,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$10,000(-3.1%)
Key Takeaway
Homes in Broadview Heights have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Broadview Heights was $310,000 in September 2024, down 3.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $125K | +19.0% |
| 2 Bedrooms | $235K | $188.5K | -19.8% |
| 3 Bedrooms | $292.6K | $300K | +2.5% |
| 4 Bedrooms | $410K | $450K | +9.8% |
| 5+ Bedrooms | $550K | $740K | +34.5% |
Summary: Broadview Heights housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 34.5%.
Median Sold Price Compared To Nearby Cities
| Seven Hills | $265K | $309K | +16.6% |
| North Royalton | $282.5K | $300K | +6.2% |
| Brecksville | $375.5K | $397K | +5.7% |
| Hinckley | $475K | $479.9K | +1.0% |
| Broadview Heights | $320K | $310K | -3.1% |
Housing Supply in Broadview Heights, OH
How many homes are available in Broadview Heights, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 58 | 55 | -5.2% |
Summary: The Broadview Heights real estate market had 55 homes for sale in September 2024, a 5.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 31 | 26 | -16.1% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Broadview Heights housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broadview Heights, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Broadview Heights in September 2024, down by 10.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 6% were sold at asking, and 61% were sold over asking.
Days on Market for Broadview Heights, OH
How long does it take to sell a home in Broadview Heights, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 27 Days | +31.9% |
Summary: Homes in Broadview Heights had an average of 27 days on market in Sep 2024, up by 31.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Broadview Heights are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 18 homes were sold in Broadview Heights; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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