Is Sagamore Hills Township, 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, Sagamore Hills Township has remained a Seller's Market.
Housing Prices in Sagamore Hills Township, OH
How much do homes in Sagamore Hills Township, OH cost?
Median Sold Price
$259,900
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sagamore Hills Township was $259,900 in April 2024, down 1.6% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.4K | $121K | +7.6% |
2 Bedrooms | $175K | $183.5K | +4.9% |
3 Bedrooms | $290K | $284.9K | -1.7% |
4 Bedrooms | $395K | $470K | +19.0% |
5+ Bedrooms | $450K | $435K | -3.3% |
Summary: Sagamore Hills Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
Walton Hills | $267.5K | $278K | +3.9% |
Northfield | $235.3K | $237.2K | +0.8% |
Sagamore Hills Township | $264K | $259.9K | -1.6% |
Brecksville | $375K | $355K | -5.3% |
Northfield Center Township | $275K | $241K | -12.4% |
Housing Supply in Sagamore Hills Township, OH
How many homes are available in Sagamore Hills Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 30 | -6.3% |
Summary: The Sagamore Hills Township real estate market had 30 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 11 | 8 | -27.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sagamore Hills Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Sagamore Hills Township in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sagamore Hills Township, OH
How long does it take to sell a home in Sagamore Hills Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 30 Days | +37.7% |
Summary: Homes in Sagamore Hills Township had an average of 30 days on market in Apr 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Sagamore Hills Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.