$4,026 Closing Credit*
$339,000
2,446 SqFt
5 Beds
•2 Full Baths, 1 Partial
Ashley E MacLaren, Listing Office: RE/MAX Crossroads Properties
Is North Royalton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, North Royalton has remained a Seller's Market.
Key Takeaway
North Royalton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Royalton, OH
How much do homes in North Royalton, OH cost?
Median Sold Price
$300,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$17,500(+6.2%)
Key Takeaway
Homes in North Royalton have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in North Royalton was $300,000 in September 2024, up 6.2% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83K | $105.5K | +27.1% |
| 2 Bedrooms | $139.7K | $156K | +11.6% |
| 3 Bedrooms | $255K | $300K | +17.6% |
| 4 Bedrooms | $403.5K | $415K | +2.9% |
| 5+ Bedrooms | $450K | $472K | +4.9% |
Summary: North Royalton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
| Parma | $190K | $205.6K | +8.2% |
| North Royalton | $282.5K | $300K | +6.2% |
| Hinckley | $475K | $479.9K | +1.0% |
| Broadview Heights | $320K | $310K | -3.1% |
Housing Supply in North Royalton, OH
How many homes are available in North Royalton, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 104 | 95 | -8.7% |
Summary: The North Royalton real estate market had 95 homes for sale in September 2024, a 8.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 28 | 21 | -25.0% |
| 3 Bedrooms | 37 | 34 | -8.1% |
| 4 Bedrooms | 30 | 29 | -3.3% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The North Royalton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 38 | 24 | -36.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Royalton, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in North Royalton in September 2024, down by 36.8% month-over-month. Of the 24 sold homes, 54% were sold under asking, 8% were sold at asking, and 38% were sold over asking.
Days on Market for North Royalton, OH
How long does it take to sell a home in North Royalton, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 19 Days | -4.3% |
Summary: Homes in North Royalton had an average of 19 days on market in Sep 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Royalton are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 24 homes were sold in North Royalton; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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