Is Cleveland Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2022
Since last year, Cleveland Heights has remained a Seller's Market.
Key Takeaway
Cleveland Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Cleveland Heights, OH cost?
Median Sold Price
$195,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2022
Key Takeaway
Homes in Cleveland Heights have sold for 12.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2022 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | $103K | $95K | -7.8% |
| 2 Bedrooms | $152K | $138K | -9.2% |
| 3 Bedrooms | $150K | $166.6K | +11.1% |
| 4 Bedrooms | $187K | $215K | +15.0% |
| 5+ Bedrooms | $250K | $295K | +18.0% |
Median Sold Price Compared To Nearby Cities
| Cleveland Heights | $173.1K | $195K | +12.6% |
| University Heights | $210K | $230K | +9.5% |
| Shaker Heights | $255.3K | $277.5K | +8.7% |
| South Euclid | $154.2K | $162.8K | +5.6% |
| East Cleveland | $80K | $56K | -30.0% |
How many homes are available in Cleveland Heights, OH?
Number of Homes For Sale
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 230 | 233 | +1.3% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 92 | 90 | -2.2% |
| 4 Bedrooms | 80 | 73 | -8.8% |
| 5+ Bedrooms | 45 | 50 | +11.1% |
Number of Homes Sold
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 56 | 57 | +1.8% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cleveland Heights, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.
Average Sale Time
| Apr 2022 | Apr 2023 | % |
|---|---|---|
| 42 Days | 48 Days | +12.9% |
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cleveland Heights are selling fast, if you're buying plan to act quickly.
