Is Highland Heights, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Heights is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Highland Heights has remained a Seller's Market.

Key Takeaway

Highland Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Highland Heights, OH cost?

Median Sold Price

$350,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$13,000(+3.9%)

Key Takeaway

Homes in Highland Heights have sold for 3.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 --
N/A
2 $260K$339.5K
+30.6%
3 $255K$305.5K
+19.8%
4 $370K$365K
-1.4%
5+ $481.2K$572.7K
+19.0%

Median Sold Price Compared To Nearby Cities

Mayfield Heights
+18.2%
Mayfield
+12.6%
Richmond Heights
+11.7%
Lyndhurst
+10.2%
Highland Heights
+3.9%

How many homes are available in Highland Heights, OH?

Number of Homes For Sale

Jun 2022Jul 2022%
5337-30.2%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 55
0.0%
3 159
-40.0%
4 2316
-30.4%
5+ 107
-30.0%

Number of Homes Sold

Jun 2022Jul 2022%
2310-56.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
41 Days27 Days-35.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 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 Highland Heights has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Highland Heights, OH

There are 37 homes are for sale in Highland Heights, OH real estate market. The inventory of homes for sale in Highland Heights, OH between June 2022 and July 2022 decreased by 30.2%. While the average time on the market in July 2022 was 27 days, the median list price was $350,000. This housing market listing prices have changed between June 2022 and July 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 30.6% more expensive, prices of 3 bedrooms properties increased by 19.8%, the cost of 4 bedrooms properties went down by 1.4%, prices of 5 bedrooms properties increased by 19%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes did not move, number of 3 bedrooms homes decreased by 40%, the quantity of 4 bedrooms homes went down by 30.4%, 5 bedrooms homes became 30% less available. In July 2022, from all listings sold in Highland Heights, OH there were more than 5 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price.

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