Is Brunswick, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brunswick is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Brunswick has remained a Seller's Market.

Key Takeaway

Brunswick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brunswick, OH

How much do homes in Brunswick, OH cost?

Median Sold Price

$305,321

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,321(+13.5%)

Key Takeaway

Homes in Brunswick have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Brunswick was $305,321 in April 2024, up 13.5% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $75K-
N/A
2 $180K$195.5K
+8.6%
3 $257.9K$279.9K
+8.5%
4 $334.9K$360K
+7.5%
5+ $534.5K$414K
-22.5%

Summary: Brunswick 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 8.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 22.5%.

Median Sold Price Compared To Nearby Cities

Brunswick
+13.5%
Brunswick Hills Township
+12.5%
Hinckley Township
+10.8%
Hinckley
+10.8%
Strongsville
+7.0%

Housing Supply in Brunswick, OH

How many homes are available in Brunswick, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
9496+2.1%

Summary: The Brunswick real estate market had 96 homes for sale in April 2024, a 2.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1819
+5.6%
3 4246
+9.5%
4 3128
-9.7%
5+ 32
-33.3%

Summary: The Brunswick housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3537+5.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brunswick, you could pay more than the asking price. 62.2% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in Brunswick in April 2024, up by 5.7% month-over-month. Of the 37 sold homes, 32% were sold under asking, 5% were sold at asking, and 62% were sold over asking.

Days on Market for Brunswick, OH

How long does it take to sell a home in Brunswick, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days19 Days-1.6%

Summary: Homes in Brunswick had an average of 19 days on market in Apr 2024, down by 1.6% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brunswick are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 37 homes were sold in Brunswick; 76% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

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

Report Updated 5 Days Ago

Newest Listings in Brunswick, OH

Nearby Markets to Brunswick, OH

What housing markets are near Brunswick, OH?