$1,780 Closing Credit*
$149,900
924 SqFt
2 Beds
•1 Full Bath, 1 Partial
Yvonne E Hullinger, Listing Office: Russell Real Estate Services
Is Middleburg Heights, 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, Middleburg Heights has remained a Seller's Market.
Key Takeaway
Middleburg Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middleburg Heights, OH
How much do homes in Middleburg Heights, OH cost?
Median Sold Price
$250,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$100(0.0%)
Key Takeaway
The sold price of homes in Middleburg Heights has remained the same since last year.
Summary: The median home sold price in Middleburg Heights was $250,000 in November 2024, the same as last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $112.5K | +40.6% |
| 2 Bedrooms | $141K | $149.5K | +6.0% |
| 3 Bedrooms | $265K | $266K | 0.4% |
| 4 Bedrooms | $304.4K | $301K | -1.1% |
| 5+ Bedrooms | $325K | $330.5K | +1.7% |
Summary: Middleburg Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.6%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Parma Heights | $190K | $210K | +10.5% |
| Berea | $216.9K | $235K | +8.3% |
| Brookpark | $200K | $210K | +5.0% |
| Brook Park | $200K | $210K | +5.0% |
| Middleburg Heights | $249.9K | $250K | 0.0% |
Housing Supply in Middleburg Heights, OH
How many homes are available in Middleburg Heights, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 52 | +15.6% |
Summary: The Middleburg Heights real estate market had 52 homes for sale in November 2024, a 15.6% increase 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 | 15 | 14 | -6.7% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Middleburg Heights 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 decreased by 6.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 19 | +72.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleburg Heights, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Middleburg Heights in November 2024, up by 72.7% month-over-month. Of the 19 sold homes, 74% were sold under asking, 11% were sold at asking, and 16% were sold over asking.
Days on Market for Middleburg Heights, OH
How long does it take to sell a home in Middleburg Heights, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 28 Days | +54.9% |
Summary: Homes in Middleburg Heights had an average of 28 days on market in Nov 2024, up by 54.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Middleburg Heights are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Middleburg Heights; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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