$949 Closing Credit*
$79,900
3 Beds
•1 Full Bath
Mark A Metz, Listing Office: Keller Williams Elevate
Is Kenmore, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Kenmore has remained a Seller's Market.
Key Takeaway
Kenmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kenmore, OH
How much do homes in Kenmore, OH cost?
Median Sold Price
$100,000
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$7,916(+8.6%)
Key Takeaway
Homes in Kenmore have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Kenmore was $100,000 in December 2024, up 8.6% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59.5K | $55K | -7.6% |
| 2 Bedrooms | $80K | $80.5K | +0.6% |
| 3 Bedrooms | $93.9K | $115K | +22.4% |
| 4 Bedrooms | $110K | $115K | +4.5% |
| 5+ Bedrooms | $101.7K | $110K | +8.1% |
Summary: Kenmore housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Lane-Wooster | $75K | $95.5K | +27.3% |
| Rolling Acres | $100K | $123.9K | +23.9% |
| Firestone Park | $122.9K | $136K | +10.7% |
| Kenmore | $92K | $100K | +8.6% |
| Summit Lake | $69.5K | $70K | +0.6% |
Housing Supply in Kenmore, OH
How many homes are available in Kenmore, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 77 | 72 | -6.5% |
Summary: The Kenmore real estate market had 72 homes for sale in December 2024, a 6.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 19 | 13 | -31.6% |
| 3 Bedrooms | 40 | 42 | +5.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Kenmore housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 31.6%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kenmore, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Kenmore in December 2024, up by 28.6% month-over-month. Of the 16 sold homes, 69% were sold under asking, 13% were sold at asking, and 19% were sold over asking.
Days on Market for Kenmore, OH
How long does it take to sell a home in Kenmore, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 30 Days | -13.8% |
Summary: Homes in Kenmore had an average of 30 days on market in Dec 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kenmore are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 18 homes were sold in Kenmore; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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