Is Glendale-Heatherdowns, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glendale-Heatherdowns is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Glendale-Heatherdowns has remained a Seller's Market.

Key Takeaway

Glendale-Heatherdowns is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Glendale-Heatherdowns, OH

How much do homes in Glendale-Heatherdowns, OH cost?

Median Sold Price

$185,500

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,500(+6.0%)

Key Takeaway

Homes in Glendale-Heatherdowns have sold for 6% more than they did a year ago.

Summary: The median home sold price in Glendale-Heatherdowns was $185,500 in April 2024, up 6% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $122.5K$97K
-20.8%
3 $172.5K$170.7K
-1.0%
4 $206K$228K
+10.7%
5+ $260K$277.5K
+6.7%

Summary: Glendale-Heatherdowns housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.8%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Neighborhoods

South Side
+15.6%
Southwyck
+12.5%
Reynolds Corners
+8.7%
Beverly
+7.3%
Glendale-Heatherdowns
+6.0%

Housing Supply in Glendale-Heatherdowns, OH

How many homes are available in Glendale-Heatherdowns, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1719+11.8%

Summary: The Glendale-Heatherdowns real estate market had 19 homes for sale in April 2024, a 11.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 811
+37.5%
4 65
-16.7%
5+ 10
-100.0%

Summary: The Glendale-Heatherdowns housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glendale-Heatherdowns, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Glendale-Heatherdowns in April 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Glendale-Heatherdowns, OH

How long does it take to sell a home in Glendale-Heatherdowns, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days46 Days-27.2%

Summary: Homes in Glendale-Heatherdowns had an average of 46 days on market in Apr 2024, down by 27.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Glendale-Heatherdowns has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Glendale-Heatherdowns; 29% of homes were sold within 30 days, 71% 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 7 Days Ago

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