$4,845 Closing Credit*
$408,000
2,544 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sara B DiFranco, Listing Office: RE/MAX Results
Is Kirtland, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Kirtland has remained a Seller's Market.
Key Takeaway
Kirtland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kirtland, OH
How much do homes in Kirtland, OH cost?
Median Sold Price
$368,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,000(+16.4%)
Key Takeaway
Homes in Kirtland have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in Kirtland was $368,500 in October 2024, up 16.4% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $54K | N/A |
| 2 Bedrooms | $27K | $70K | +159.3% |
| 3 Bedrooms | $298.5K | $325K | +8.9% |
| 4 Bedrooms | $430K | $402K | -6.5% |
| 5+ Bedrooms | $809.5K | $725K | -10.4% |
Summary: Kirtland 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 increased by 159.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 10.4%.
Median Sold Price Compared To Nearby Cities
| Kirtland | $316.5K | $368.5K | +16.4% |
| Willoughby | $238.6K | $257K | +7.7% |
| Chardon Township | $320K | $325K | +1.6% |
Housing Supply in Kirtland, OH
How many homes are available in Kirtland, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Summary: The Kirtland real estate market had 21 homes for sale in October 2024, a 40.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Kirtland 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 increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kirtland, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Kirtland in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Kirtland, OH
How long does it take to sell a home in Kirtland, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 86 Days | +61.0% |
Summary: Homes in Kirtland had an average of 86 days on market in Oct 2024, up by 61% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kirtland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Kirtland; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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