Is Maple Heights, 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, Maple Heights has remained a Seller's Market.
Key Takeaway
Maple Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maple Heights, OH
How much do homes in Maple Heights, OH cost?
Median Sold Price
$122,987
$81/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Maple Heights have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Maple Heights was $122,987 in May 2024, up 11.8% from last year, and the median price per square foot was $81.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $34K | -2.9% |
| 2 Bedrooms | $84K | $89K | +6.1% |
| 3 Bedrooms | $116.1K | $124.7K | +7.5% |
| 4 Bedrooms | $130.4K | $140K | +7.3% |
| 5+ Bedrooms | $143K | $143K | 0.0% |
Summary: Maple Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bedford | $150K | $175K | +16.7% |
| Maple Heights | $110K | $122.9K | +11.8% |
| Bedford Heights | $168K | $185K | +10.1% |
| Garfield Heights | $126K | $130.4K | +3.5% |
| Walton Hills | $275K | $279K | +1.5% |
Housing Supply in Maple Heights, OH
How many homes are available in Maple Heights, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 137 | 138 | +0.7% |
Summary: The Maple Heights real estate market had 138 homes for sale in May 2024, a 0.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 109 | 110 | +0.9% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Maple Heights housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 0.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 32 | 41 | +28.1% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maple Heights, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Maple Heights in May 2024, up by 28.1% month-over-month. Of the 41 sold homes, 51% were sold under asking, 12% were sold at asking, and 37% were sold over asking.
Days on Market for Maple Heights, OH
How long does it take to sell a home in Maple Heights, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 39 Days | 40 Days | +2.1% |
Summary: Homes in Maple Heights had an average of 40 days on market in May 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maple Heights are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 41 homes were sold in Maple Heights; 56% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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