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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleburg Heights is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Middleburg Heights, OH cost?

Median Sold Price

$240,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$26,200(+12.3%)

Key Takeaway

Homes in Middleburg Heights have sold for 12.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $77.2K$82K
+6.1%
2 $145K$135K
-6.9%
3 $220K$251.7K
+14.4%
4 $257.6K$283K
+9.8%
5+ $271.5K$425K
+56.5%

Median Sold Price Compared To Nearby Cities

Middleburg Heights
+12.3%
Berea
+11.9%
Parma Heights
+10.8%
Brookpark
+8.3%
Brook Park
+7.4%

How many homes are available in Middleburg Heights, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
4953+8.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 89
+12.5%
3 2628
+7.7%
4 1414
0.0%
5+ 12
+100.0%

Number of Homes Sold

Oct 2022Nov 2022%
1117+54.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middleburg Heights, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
27 Days34 Days+23.0%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middleburg Heights are selling fast, if you're buying plan to act quickly.

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

About Middleburg Heights, OH

Middleburg Heights, OH has 53 homes for sale to choose from. Between October 2022 and November 2022, Middleburg Heights, OH real estate market has seen increase in the number of listings by 8.2%. Listings spent 34 days on the market in November 2022, and had a median list price of $240,000 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 6.1% more expensive, the cost of 2 bedrooms properties went down by 6.9%, prices of 3 bedrooms properties increased by 14.4%, prices of 4 bedrooms properties went up by 9.8%, prices of 5 bedrooms properties went up by 56.5%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 12.5%, volume of 3 bedrooms homes went up by 7.7%, 4 bedrooms homes inventory did not change, 5 bedrooms homes became 100% more available. Over 7 listings were sold over their listed price in November 2022 in Middleburg Heights, OH. In the same period over 10 listings were sold below the listed price and 0 listings were sold for the listed price.

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