$1,721 Closing Credit*
$144,900
1,104 SqFt
2 Beds
•1 Full Bath, 1 Partial
Sharon D Friedman, Listing Office: Berkshire Hathaway HomeServices Professional Realty
Is Lyndhurst, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lyndhurst has remained a Seller's Market.
Key Takeaway
Lyndhurst is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lyndhurst, OH
How much do homes in Lyndhurst, OH cost?
Median Sold Price
$215,000
$116/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Lyndhurst has remained the same since last year.
Summary: The median home sold price in Lyndhurst was $215,000 in November 2024, the same as last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $78.7K | $90.1K | +14.4% |
| 2 Bedrooms | $130K | $162K | +24.6% |
| 3 Bedrooms | $206K | $214K | +3.9% |
| 4 Bedrooms | $257.5K | $250K | -2.9% |
| 5+ Bedrooms | $225.2K | $300K | +33.2% |
Summary: Lyndhurst housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 33.2%.
Median Sold Price Compared To Nearby Cities
| Mayfield Heights | $203.5K | $240K | +17.9% |
| South Euclid | $162.6K | $175K | +7.6% |
| Richmond Heights | $213K | $229K | +7.5% |
| Highland Heights | $413K | $413.7K | 0.2% |
| Lyndhurst | $215K | $215K | 0.0% |
Housing Supply in Lyndhurst, OH
How many homes are available in Lyndhurst, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 74 | +10.4% |
Summary: The Lyndhurst real estate market had 74 homes for sale in November 2024, a 10.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 36 | 41 | +13.9% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lyndhurst housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 13.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lyndhurst, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Lyndhurst in November 2024, up by 13.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.
Days on Market for Lyndhurst, OH
How long does it take to sell a home in Lyndhurst, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 24 Days | -2.6% |
Summary: Homes in Lyndhurst had an average of 24 days on market in Nov 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lyndhurst are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Lyndhurst; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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