Is Highland Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Highland Heights has remained a Seller's Market.
Housing Prices in Highland Heights, OH
How much do homes in Highland Heights, OH cost?
Median Sold Price
$425,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Highland Heights was $425,000 in November 2023, up 21.4% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $330.8K | $300K | -9.3% |
3 Bedrooms | $315K | $360K | +14.3% |
4 Bedrooms | $360K | $478.5K | +32.9% |
5+ Bedrooms | $588.2K | $597K | +1.5% |
Summary: Highland Heights housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
Highland Heights | $350K | $425K | +21.4% |
Lyndhurst | $200K | $206K | +3.0% |
Willoughby Hills | $285K | $275K | -3.5% |
Mayfield | $352.5K | $339.5K | -3.7% |
Housing Supply in Highland Heights, OH
How many homes are available in Highland Heights, OH?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Summary: The Highland Heights real estate market had 25 homes for sale in November 2023, a 7.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Highland Heights housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Highland Heights in November 2023, up by 100.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Highland Heights, OH
How long does it take to sell a home in Highland Heights, OH?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
23 Days | 25 Days | +8.3% |
Summary: Homes in Highland Heights had an average of 25 days on market in Nov 2023, up by 8.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2023, 8 homes were sold in Highland Heights; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.