Is South Russell, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer'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
$410,000
$156/sqft
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
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $347.5K | $341K | -1.9% |
| 3 Bedrooms | $327.5K | $317.5K | -3.1% |
| 4 Bedrooms | $468.5K | $475K | +1.4% |
| 5+ Bedrooms | $522.4K | $550K | +5.3% |
Median Sold Price Compared To Nearby Cities
| Russell Township | $382K | $411.1K | +7.6% |
| Novelty | $381K | $397.5K | +4.3% |
| Chagrin Falls | $445.9K | $455.6K | +2.2% |
| Bainbridge Township | $428.2K | $428.5K | 0.1% |
| South Russell | $425K | $410K | -3.5% |
How many homes are available in South Russell, OH?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 9 | 7 | -22.2% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 2022 | Jan 2023 | % |
|---|---|---|
| 68 Days | 57 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
Key Takeaway
Avg time on Rocket Homes in South Russell has remained consistent over time.
