Is Brunswick, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brunswick has remained a Seller's Market.
Housing Prices in Brunswick, OH
How much do homes in Brunswick, OH cost?
Median Sold Price
$302,066
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brunswick was $302,066 in March 2024, up 13% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | - | N/A |
2 Bedrooms | $180.5K | $195.5K | +8.3% |
3 Bedrooms | $255K | $275K | +7.8% |
4 Bedrooms | $335K | $359K | +7.2% |
5+ Bedrooms | $435.5K | $414K | -4.9% |
Summary: Brunswick housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Cities
Hinckley Township | $410K | $470K | +14.6% |
Hinckley | $410K | $470K | +14.6% |
Brunswick | $267.2K | $302K | +13.0% |
Brunswick Hills Township | $320.7K | $361.5K | +12.7% |
Strongsville | $296.9K | $314.3K | +5.8% |
Housing Supply in Brunswick, OH
How many homes are available in Brunswick, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
95 | 88 | -7.4% |
Summary: The Brunswick real estate market had 88 homes for sale in March 2024, a 7.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 17 | +41.7% |
3 Bedrooms | 43 | 40 | -7.0% |
4 Bedrooms | 36 | 28 | -22.2% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Brunswick housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 33 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Brunswick in March 2024, the same as the previous month. Of the 33 sold homes, 33% were sold under asking, 15% were sold at asking, and 52% were sold over asking.
Days on Market for Brunswick, OH
How long does it take to sell a home in Brunswick, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 19 Days | -28.1% |
Summary: Homes in Brunswick had an average of 19 days on market in Mar 2024, down by 28.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 33 homes were sold in Brunswick; 73% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.