Is Beverly, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beverly is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Beverly has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Beverly, OH

How much do homes in Beverly, OH cost?

Median Sold Price

$175,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,250(+13.1%)

Key Takeaway

Homes in Beverly have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Beverly was $175,000 in October 2024, up 13.1% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $92K-
N/A
2 $116.7K$137.5K
+17.8%
3 $150K$175K
+16.7%
4 $233.7K$200K
-14.4%
5+ $450K$395K
-12.2%

Summary: Beverly housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Neighborhoods

South Side
+40.4%
Beverly
+13.1%
Southwyck
+4.9%
Glendale-Heatherdowns
+3.2%

Housing Supply in Beverly, OH

How many homes are available in Beverly, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3747+27.0%

Summary: The Beverly real estate market had 47 homes for sale in October 2024, a 27.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 69
+50.0%
3 2327
+17.4%
4 58
+60.0%
5+ 33
0.0%

Summary: The Beverly housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beverly, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Beverly in October 2024, the same as the previous month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.

Days on Market for Beverly, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days41 Days-7.0%

Summary: Homes in Beverly had an average of 41 days on market in Oct 2024, down by 7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Beverly has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Beverly; 30% of homes were sold within 30 days, 70% 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 20 Days Ago

Newest Listings in Beverly, OH

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