Is Sagamore Hills Township, 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, Sagamore Hills Township has remained a Seller's Market.
Housing Prices in Sagamore Hills Township, OH
How much do homes in Sagamore Hills Township, OH cost?
Median Sold Price
$265,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sagamore Hills Township was $265,000 in March 2024, up 0.8% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.9K | $121K | +7.2% |
2 Bedrooms | $185K | $190K | +2.7% |
3 Bedrooms | $288K | $292.5K | +1.6% |
4 Bedrooms | $390K | $470K | +20.5% |
5+ Bedrooms | $450K | $435K | -3.3% |
Summary: Sagamore Hills Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
Walton Hills | $260K | $279K | +7.3% |
Northfield | $230K | $242K | +5.2% |
Sagamore Hills Township | $263K | $265K | +0.8% |
Brecksville | $367.4K | $355K | -3.4% |
Northfield Center Township | $271.7K | $254K | -6.5% |
Housing Supply in Sagamore Hills Township, OH
How many homes are available in Sagamore Hills Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 28 | +12.0% |
Summary: The Sagamore Hills Township real estate market had 28 homes for sale in March 2024, a 12.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 8 | +60.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sagamore Hills Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Sagamore Hills Township in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Sagamore Hills Township, OH
How long does it take to sell a home in Sagamore Hills Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 21 Days | -53.6% |
Summary: Homes in Sagamore Hills Township had an average of 21 days on market in Mar 2024, down by 53.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Sagamore Hills Township; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.