Price Not Disclosed
3.04 Acres
Land
Joseph M Gliatta, Listing Office: Kiko
Is Macedonia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Macedonia was a Seller's Market.
Key Takeaway
Macedonia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Macedonia, OH
How much do homes in Macedonia, OH cost?
Median Sold Price
$315,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+6.8%)
Key Takeaway
Homes in Macedonia have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Macedonia was $315,000 in October 2024, up 6.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $382K | $253K | -33.8% |
| 3 Bedrooms | $259K | $275.2K | +6.3% |
| 4 Bedrooms | $360K | $368.5K | +2.4% |
| 5+ Bedrooms | $375K | $594K | +58.4% |
Summary: Macedonia 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 decreased by 33.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 58.4%.
Median Sold Price Compared To Nearby Cities
| Macedonia | $295K | $315K | +6.8% |
| Northfield | $250K | $245.7K | -1.7% |
| Twinsburg | $321.5K | $310K | -3.6% |
| Twinsburg Township | $339K | $320.2K | -5.5% |
| Northfield Center Township | $275K | $243.5K | -11.5% |
Housing Supply in Macedonia, OH
How many homes are available in Macedonia, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Summary: The Macedonia real estate market had 38 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Macedonia 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Macedonia, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Macedonia in October 2024, down by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 29 Days | -41.5% |
Summary: Homes in Macedonia had an average of 29 days on market in Oct 2024, down by 41.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macedonia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Macedonia; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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