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 June 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
$259,900
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Sagamore Hills Township was $259,900 in June 2024, up 1.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108.4K | $125K | +15.3% |
2 Bedrooms | $190K | $186.2K | -2.0% |
3 Bedrooms | $293.5K | $297.5K | +1.4% |
4 Bedrooms | $395K | $455K | +15.2% |
5+ Bedrooms | $500K | $367.5K | -26.5% |
Summary: Sagamore Hills Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 26.5%.
Median Sold Price Compared To Nearby Cities
Sagamore Hills Township | $255K | $259.9K | +1.9% |
Brecksville | $377K | $375K | -0.5% |
Northfield | $238.7K | $237.5K | -0.5% |
Northfield Center Township | $277.5K | $240K | -13.5% |
Housing Supply in Sagamore Hills Township, OH
How many homes are available in Sagamore Hills Township, OH?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
33 | 37 | +12.1% |
Summary: The Sagamore Hills Township real estate market had 37 homes for sale in June 2024, a 12.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 15 | 18 | +20.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sagamore Hills Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 20 | +122.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Sagamore Hills Township in June 2024, up by 122.2% month-over-month. Of the 20 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
15 Days | 23 Days | +48.1% |
Summary: Homes in Sagamore Hills Township had an average of 23 days on market in Jun 2024, up by 48.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 20 homes were sold in Sagamore Hills Township; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.