Is Firestone Park, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Firestone Park is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Firestone Park, OH

How much do homes in Firestone Park, OH cost?

Median Sold Price

$135,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+12.5%)

Key Takeaway

Homes in Firestone Park have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Firestone Park was $135,000 in November 2024, up 12.5% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $100K$108.9K
+8.9%
3 $124.9K$135K
+8.0%
4 $139.9K$160.5K
+14.7%
5+ $109K$152K
+39.4%

Summary: Firestone Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 39.4%.

Median Sold Price Compared To Nearby Neighborhoods

Kenmore
+12.9%
Firestone Park
+12.5%
Summit Lake
+8.7%
South Akron
+8.1%

Housing Supply in Firestone Park, OH

How many homes are available in Firestone Park, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6972+4.3%

Summary: The Firestone Park real estate market had 72 homes for sale in November 2024, a 4.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 4347
+9.3%
4 1110
-9.1%
5+ 13
+200.0%

Summary: The Firestone Park 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 14.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Firestone Park, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Firestone Park in November 2024, up by 6.3% month-over-month. Of the 17 sold homes, 6% were sold under asking, 35% were sold at asking, and 59% were sold over asking.

Days on Market for Firestone Park, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days34 Days-5.9%

Summary: Homes in Firestone Park had an average of 34 days on market in Nov 2024, down by 5.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 17 homes were sold in Firestone Park; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% 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 Firestone Park, OH

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