Is Reminderville, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reminderville is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Reminderville, OH

How much do homes in Reminderville, OH cost?

Median Sold Price

$305,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$20,000(-6.2%)

Key Takeaway

Homes in Reminderville have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Reminderville was $305,000 in June 2024, down 6.2% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $265.1K$154K
-41.9%
3 $325K$297.5K
-8.5%
4 $407.5K$427.2K
+4.8%
5+ $452.5K$559K
+23.5%

Summary: Reminderville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.9%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 23.5%.

Median Sold Price Compared To Nearby Cities

Aurora
+7.4%
Twinsburg
+1.0%
Solon
0%
Twinsburg Township
-1.4%
Reminderville
-6.2%

Housing Supply in Reminderville, OH

How many homes are available in Reminderville, OH?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1825+38.9%

Summary: The Reminderville real estate market had 25 homes for sale in June 2024, a 38.9% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 99
0.0%
3 46
+50.0%
4 510
+100.0%
5+ 00
0.0%

Summary: The Reminderville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reminderville, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Reminderville in June 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.

Days on Market for Reminderville, OH

How long does it take to sell a home in Reminderville, OH?

Average Sale Time

Jun 2023Jun 2024CHANGE
22 Days19 Days-14.1%

Summary: Homes in Reminderville had an average of 19 days on market in Jun 2024, down by 14.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 9 homes were sold in Reminderville; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

Newest Listings in Reminderville, OH

Nearby Markets to Reminderville, OH

What housing markets are near Reminderville, OH?