$3,799 Closing Credit*
$319,900
2,361 SqFt
3 Beds
•2 Full Baths
Jodi A Consolo, Listing Office: McDowell Homes Real Estate Services
Is Lyndhurst, 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, 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
$215,125
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,625(+1.2%)
Key Takeaway
Homes in Lyndhurst have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Lyndhurst was $215,125 in October 2024, up 1.2% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $89K | +11.3% |
| 2 Bedrooms | $132.6K | $160.5K | +21.0% |
| 3 Bedrooms | $205K | $215K | +4.9% |
| 4 Bedrooms | $252K | $250K | -0.8% |
| 5+ Bedrooms | $225.2K | $300K | +33.2% |
Summary: Lyndhurst housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 33.2%.
Median Sold Price Compared To Nearby Cities
| Mayfield Heights | $200K | $235K | +17.5% |
| South Euclid | $160K | $175K | +9.4% |
| Richmond Heights | $212.1K | $225.5K | +6.3% |
| Lyndhurst | $212.5K | $215.1K | +1.2% |
| Highland Heights | $410K | $412K | 0.5% |
Housing Supply in Lyndhurst, OH
How many homes are available in Lyndhurst, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 67 | -8.2% |
Summary: The Lyndhurst real estate market had 67 homes for sale in October 2024, a 8.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 39 | 35 | -10.3% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lyndhurst housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 14 | -51.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lyndhurst, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Lyndhurst in October 2024, down by 51.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 39 Days | +68.6% |
Summary: Homes in Lyndhurst had an average of 39 days on market in Oct 2024, up by 68.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lyndhurst has remained consistent over time.
Summary: During October 2024, 14 homes were sold in Lyndhurst; 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.
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