Is Bedford Heights, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bedford Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bedford Heights, OH

How much do homes in Bedford Heights, OH cost?

Median Sold Price

$209,000

$128/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$20,500(+10.9%)

Key Takeaway

Homes in Bedford Heights have sold for 10.9% more than they did a month ago.

Summary: The median home sold price in Bedford Heights was $209,000 in November 2024, up 10.9% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $116K-
N/A
3 $210K$203K
-3.3%
4 -$242K
N/A
5+ --
N/A

Summary: Bedford Heights housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bedford Heights, OH

How many homes are available in Bedford Heights, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2720-25.9%

Summary: The Bedford Heights real estate market had 20 homes for sale in November 2024, a 25.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 2113
-38.1%
4 46
+50.0%
5+ 11
0.0%

Summary: The Bedford Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 38.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bedford Heights in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Bedford Heights, OH

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

Average Sale Time

Oct 2024Nov 2024CHANGE
23 Days26 Days+10.9%

Summary: Homes in Bedford Heights had an average of 26 days on market in Nov 2024, up by 10.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Bedford Heights; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Bedford Heights, OH

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