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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brunswick is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Brunswick, OH

How much do homes in Brunswick, OH cost?

Median Sold Price

$304,200

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,933(+10.1%)

Key Takeaway

Homes in Brunswick have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Brunswick was $304,200 in October 2024, up 10.1% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$81.5K
N/A
2 $194.5K$191.7K
-1.4%
3 $266.7K$288.6K
+8.2%
4 $340K$360K
+5.9%
5+ $457.5K$450K
-1.6%

Summary: Brunswick 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 decreased by 1.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Cities

Brunswick
+10.1%
Strongsville
+8.0%
Hinckley Township
0.2%
Hinckley
0.2%
Brunswick Hills Township
-7.8%

Housing Supply in Brunswick, OH

How many homes are available in Brunswick, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
136123-9.6%

Summary: The Brunswick real estate market had 123 homes for sale in October 2024, a 9.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2825
-10.7%
3 6564
-1.5%
4 3933
-15.4%
5+ 41
-75.0%

Summary: The Brunswick 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 decreased by 10.7%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4642-8.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brunswick, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in Brunswick in October 2024, down by 8.7% month-over-month. Of the 42 sold homes, 40% were sold under asking, 12% were sold at asking, and 48% were sold over asking.

Days on Market for Brunswick, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days22 Days+23.3%

Summary: Homes in Brunswick had an average of 22 days on market in Oct 2024, up by 23.3% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 42 homes were sold in Brunswick; 74% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 2% 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 16 Days Ago

Newest Listings in Brunswick, OH

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What housing markets are near Brunswick, OH?