$1,425 Closing Credit*
$120,000
1,329 SqFt
3 Beds
•1 Full Bath
#224029625, Adam Holderman, Listing Office: RE/MAX Premier Choice
Is Macedonia, 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, Macedonia has remained a Seller's Market.
Key Takeaway
Macedonia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Macedonia, OH
How much do homes in Macedonia, OH cost?
Median Sold Price
$317,750
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,750(+7.7%)
Key Takeaway
Homes in Macedonia have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Macedonia was $317,750 in November 2024, up 7.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $382K | $253K | -33.8% |
| 3 Bedrooms | $260K | $275K | +5.8% |
| 4 Bedrooms | $360K | $369.5K | +2.6% |
| 5+ Bedrooms | $405K | $594K | +46.7% |
Summary: Macedonia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 46.7%.
Median Sold Price Compared To Nearby Cities
| Macedonia | $295K | $317.7K | +7.7% |
| Northfield | $250K | $249.7K | -0.1% |
| Twinsburg | $325K | $315K | -3.1% |
| Twinsburg Township | $340K | $327.5K | -3.7% |
| Northfield Center Township | $272.2K | $250K | -8.2% |
Housing Supply in Macedonia, OH
How many homes are available in Macedonia, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 26 | -31.6% |
Summary: The Macedonia real estate market had 26 homes for sale in November 2024, a 31.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 21 | 15 | -28.6% |
| 4 Bedrooms | 12 | 6 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Macedonia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macedonia, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Macedonia in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Macedonia, OH
How long does it take to sell a home in Macedonia, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 39 Days | +47.4% |
Summary: Homes in Macedonia had an average of 39 days on market in Nov 2024, up by 47.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Macedonia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Macedonia; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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