Is South Russell, OH a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing South Russell is a neutral's market


Difference Since January 2022

At the same time last year, South Russell was a Buyer's Market.

Key Takeaway

South Russell is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in South Russell, OH cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2022


Key Takeaway

Homes in South Russell have sold for 3.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
2 $347.5K$341K
3 $327.5K$317.5K
4 $468.5K$475K
5+ $522.4K$550K

Median Sold Price Compared To Nearby Cities

Russell Township
Chagrin Falls
Bainbridge Township
South Russell

How many homes are available in South Russell, OH?

Number of Homes For Sale

Dec 2022Jan 2023%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
2 11
3 65
4 21
5+ 00

Number of Homes Sold

Dec 2022Jan 2023%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Russell, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
68 Days57 Days-16.2%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in South Russell has remained consistent over time.

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

About South Russell, OH

Homes for sale in South Russell, OH have reached 7. The inventory of homes for sale in South Russell, OH between December 2022 and January 2023 decreased by 22.2%. While the average time on the market in January 2023 was 57 days, the median list price was $410,000. Real estate listing prices changed between December 2022 and January 2023: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties decreased by 1.9%, prices of 3 bedrooms properties decreased by 3.1%, the cost of 4 bedrooms properties went up by 1.4%, prices of 5 bedrooms properties went up by 5.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 16.7% less available, number of 4 bedrooms homes decreased by 50%, the quantity of 5 bedrooms homes have not changed. South Russell, OH housing market in January 2023 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.

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