Is Highland Square, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Square is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Highland Square, OH

How much do homes in Highland Square, OH cost?

Median Sold Price

$145,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,000(+7.4%)

Key Takeaway

Homes in Highland Square have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Highland Square was $145,000 in December 2024, up 7.4% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $100K$77.5K
-22.5%
2 $118K$110.7K
-6.1%
3 $125K$138.9K
+11.2%
4 $150K$145K
-3.3%
5+ $130K$213.7K
+64.4%

Summary: Highland Square housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 64.4%.

Median Sold Price Compared To Nearby Neighborhoods

West Hill
+22.9%
West Akron
+15.2%
Highland Square
+7.4%
Northwest Akron
+5.5%

Housing Supply in Highland Square, OH

How many homes are available in Highland Square, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4236-14.3%

Summary: The Highland Square real estate market had 36 homes for sale in December 2024, a 14.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1011
+10.0%
4 2319
-17.4%
5+ 75
-28.6%

Summary: The Highland Square housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Square, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Highland Square in December 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Highland Square, OH

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

Average Sale Time

Dec 2023Dec 2024CHANGE
44 Days38 Days-14.9%

Summary: Homes in Highland Square had an average of 38 days on market in Dec 2024, down by 14.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 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 Highland Square has remained consistent over time.

Summary: During December 2024, 7 homes were sold in Highland Square; 43% of homes were sold within 30 days, 57% 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 7 Days Ago

Newest Listings in Highland Square, OH

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