Is West Hill, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Hill has remained a Seller's Market.
Housing Prices in West Hill, OH
How much do homes in West Hill, OH cost?
Median Sold Price
$115,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Hill was $115,000 in April 2024, down 4.5% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $90.7K | $107.5K | +18.5% |
3 Bedrooms | $109.9K | $98K | -10.8% |
4 Bedrooms | $127K | $130.2K | +2.6% |
5+ Bedrooms | $141K | $130K | -7.8% |
Summary: West Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.5%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Neighborhoods
Downtown Akron | $109K | $152K | +39.4% |
Highland Square | $134.9K | $140K | +3.8% |
Elizabeth Park Valley | $107K | $110.5K | +3.3% |
West Hill | $120.4K | $115K | -4.5% |
Housing Supply in West Hill, OH
How many homes are available in West Hill, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 14 | -17.6% |
Summary: The West Hill real estate market had 14 homes for sale in April 2024, a 17.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The West Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in West Hill in April 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for West Hill, OH
How long does it take to sell a home in West Hill, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 57 Days | +21.6% |
Summary: Homes in West Hill had an average of 57 days on market in Apr 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in West Hill; 0% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.