Is Macedonia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Macedonia has remained a Seller's Market.
Housing Prices in Macedonia, OH
How much do homes in Macedonia, OH cost?
Median Sold Price
$299,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Macedonia was $299,500 in May 2024, down 2.1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $103K | - | N/A |
2 Bedrooms | $363K | $253K | -30.3% |
3 Bedrooms | $255K | $271.3K | +6.4% |
4 Bedrooms | $372.5K | $360K | -3.4% |
5+ Bedrooms | $385K | $509.5K | +32.3% |
Summary: Macedonia housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 32.3%.
Median Sold Price Compared To Nearby Cities
Northfield | $234.9K | $245K | +4.3% |
Twinsburg | $310K | $316K | +1.9% |
Twinsburg Township | $324.5K | $329K | +1.4% |
Macedonia | $305.9K | $299.5K | -2.1% |
Northfield Center Township | $273.7K | $254K | -7.2% |
Housing Supply in Macedonia, OH
How many homes are available in Macedonia, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 33 | -17.5% |
Summary: The Macedonia real estate market had 33 homes for sale in May 2024, a 17.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 22 | 22 | 0.0% |
4 Bedrooms | 13 | 6 | -53.8% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Macedonia housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Macedonia in May 2024, down by 23.5% month-over-month. Of the 13 sold homes, 23% were sold under asking, 8% were sold at asking, and 69% were sold over asking.
Days on Market for Macedonia, OH
How long does it take to sell a home in Macedonia, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 23 Days | +64.0% |
Summary: Homes in Macedonia had an average of 23 days on market in May 2024, up by 64% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Macedonia; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.