$6,709 Closing Credit*
$565,000
3,534 SqFt
5 Beds
•3 Full Baths
Cassandra Connell, Listing Office: Keller Williams Greater Metropolitan
Is Highland Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Highland Heights was a Seller's Market.
Key Takeaway
Highland Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Highland Heights, OH
How much do homes in Highland Heights, OH cost?
Median Sold Price
$413,750
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$750(+0.2%)
Key Takeaway
The sold price of homes in Highland Heights has remained the same since last year.
Summary: The median home sold price in Highland Heights was $413,750 in November 2024, up 0.2% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $430K | +43.3% |
| 3 Bedrooms | $368K | $322.5K | -12.4% |
| 4 Bedrooms | $440K | $447.5K | +1.7% |
| 5+ Bedrooms | $597K | $560K | -6.2% |
Summary: Highland Heights 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 43.3%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Mayfield | $340K | $367K | +7.9% |
| Willoughby Hills | $298.9K | $322K | +7.7% |
| Highland Heights | $413K | $413.7K | 0.2% |
| Lyndhurst | $215K | $215K | 0.0% |
Housing Supply in Highland Heights, OH
How many homes are available in Highland Heights, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 32 | -5.9% |
Summary: The Highland Heights real estate market had 32 homes for sale in November 2024, a 5.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Highland 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 increased by 100%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Heights, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Highland Heights in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Highland Heights, OH
How long does it take to sell a home in Highland Heights, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 92 Days | +267.0% |
Summary: Homes in Highland Heights had an average of 92 days on market in Nov 2024, up by 267% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Highland Heights are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Highland Heights; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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