Is Highland Heights, 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, 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
$423,200
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Highland Heights was $423,200 in March 2024, up 14.7% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $300K | $430K | +43.3% |
3 Bedrooms | $315K | $377.5K | +19.8% |
4 Bedrooms | $413.5K | $431K | +4.2% |
5+ Bedrooms | $588.2K | $624K | +6.1% |
Summary: Highland Heights 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 43.3%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Willoughby Hills | $272.5K | $324K | +18.9% |
Highland Heights | $369K | $423.2K | +14.7% |
Lyndhurst | $205.9K | $215K | +4.4% |
Mayfield | $356K | $340K | -4.5% |
Housing Supply in Highland Heights, OH
How many homes are available in Highland Heights, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 22 | +10.0% |
Summary: The Highland Heights real estate market had 22 homes for sale in March 2024, a 10.0% increase 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 | 3 | 4 | +33.3% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Highland Heights 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 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Highland Heights in March 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 24 Days | -46.4% |
Summary: Homes in Highland Heights had an average of 24 days on market in Mar 2024, down by 46.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Highland Heights; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.