$1,864 Closing Credit*
$157,000
927 SqFt
2 Beds
•2 Full Baths
Ahren L Booher, Listing Office: Keller Williams Elevate
Is Broadview Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Broadview Heights has remained a Seller's Market.
Key Takeaway
Broadview Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadview Heights, OH
How much do homes in Broadview Heights, OH cost?
Median Sold Price
$325,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,200(-0.4%)
Key Takeaway
The sold price of homes in Broadview Heights has remained the same since last year.
Summary: The median home sold price in Broadview Heights was $325,000 in October 2024, down 0.4% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110.8K | $125K | +12.8% |
| 2 Bedrooms | $172K | $199K | +15.7% |
| 3 Bedrooms | $295K | $304K | +3.1% |
| 4 Bedrooms | $395K | $476K | +20.5% |
| 5+ Bedrooms | $525K | $772.5K | +47.1% |
Summary: Broadview Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 47.1%.
Median Sold Price Compared To Nearby Cities
| Seven Hills | $266.6K | $311K | +16.7% |
| North Royalton | $285K | $300K | +5.3% |
| Brecksville | $380K | $387.4K | +1.9% |
| Hinckley | $478.9K | $479.9K | 0.2% |
| Broadview Heights | $326.2K | $325K | -0.4% |
Housing Supply in Broadview Heights, OH
How many homes are available in Broadview Heights, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 58 | -1.7% |
Summary: The Broadview Heights real estate market had 58 homes for sale in October 2024, a 1.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Broadview Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broadview Heights, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Broadview Heights in October 2024, down by 11.1% month-over-month. Of the 16 sold homes, 56% were sold under asking, 6% were sold at asking, and 38% were sold over asking.
Days on Market for Broadview Heights, OH
How long does it take to sell a home in Broadview Heights, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 25 Days | -4.9% |
Summary: Homes in Broadview Heights had an average of 25 days on market in Oct 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Broadview Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Broadview Heights; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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