Is Highland Heights, 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, Highland Heights has remained a Seller's Market.
Housing Prices in Highland Heights, OH
How much do homes in Highland Heights, OH cost?
Median Sold Price
$430,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Highland Heights was $430,000 in April 2024, up 16.5% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $300K | $427.7K | +42.6% |
3 Bedrooms | $328K | $377.5K | +15.1% |
4 Bedrooms | $419K | $431K | +2.9% |
5+ Bedrooms | $555.7K | $597K | +7.4% |
Summary: Highland Heights 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 42.6%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
Willoughby Hills | $267K | $326.2K | +22.2% |
Highland Heights | $369K | $430K | +16.5% |
Lyndhurst | $207.8K | $215K | +3.4% |
Mayfield | $380K | $340K | -10.5% |
Housing Supply in Highland Heights, OH
How many homes are available in Highland Heights, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 25 | +4.2% |
Summary: The Highland Heights real estate market had 25 homes for sale in April 2024, a 4.2% increase 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 | 4 | 3 | -25.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Highland Heights 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 25%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Highland Heights in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for Highland Heights, OH
How long does it take to sell a home in Highland Heights, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 31 Days | +37.1% |
Summary: Homes in Highland Heights had an average of 31 days on market in Apr 2024, up by 37.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Highland Heights; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.