Is Warrensville Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Warrensville Heights has remained a Seller's Market.
Key Takeaway
Warrensville Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Warrensville Heights, OH cost?
Median Sold Price
$111,500
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Key Takeaway
Homes in Warrensville Heights have sold for 29.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $33K | $43.5K | +31.8% |
| 3 Bedrooms | $109.5K | $131K | +19.6% |
| 4 Bedrooms | $90K | $125K | +38.9% |
| 5+ Bedrooms | $206K | - | N/A |
Median Sold Price Compared To Nearby Cities
| Warrensville Heights | $86K | $111.5K | +29.7% |
| Orange | $430K | $445K | +3.5% |
How many homes are available in Warrensville Heights, OH?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 35 | 44 | +25.7% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 10 | +400.0% |
| 3 Bedrooms | 26 | 27 | +3.8% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warrensville Heights, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 69 Days | 49 Days | -29.1% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Warrensville Heights are selling fast, if you're buying plan to act quickly.
