$1,769 Closing Credit*
$149,000
820 SqFt
2 Beds
•1 Full Bath
Vlad L Lyner, Listing Office: Acacia Realty, LLC.
Is Middleburg Heights, 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, 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
$254,250
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,500(+4.3%)
Key Takeaway
Homes in Middleburg Heights have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Middleburg Heights was $254,250 in October 2024, up 4.3% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $120K | +50.0% |
| 2 Bedrooms | $141K | $149K | +5.7% |
| 3 Bedrooms | $261.4K | $267K | +2.1% |
| 4 Bedrooms | $294.9K | $305K | +3.4% |
| 5+ Bedrooms | $325K | $330.5K | +1.7% |
Summary: Middleburg Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Parma Heights | $187.5K | $210K | +12.0% |
| Berea | $211.1K | $235K | +11.3% |
| Brookpark | $195K | $210K | +7.7% |
| Brook Park | $195.6K | $210K | +7.3% |
| Middleburg Heights | $243.7K | $254.2K | +4.3% |
Housing Supply in Middleburg Heights, OH
How many homes are available in Middleburg Heights, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The Middleburg Heights real estate market had 44 homes for sale in October 2024, a 4.3% decrease 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 | 12 | 14 | +16.7% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Middleburg Heights 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 16.7%, 3 bedroom homes decreased 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 |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleburg Heights, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Middleburg Heights in October 2024, down by 23.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 13 Days | -7.7% |
Summary: Homes in Middleburg Heights had an average of 13 days on market in Oct 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middleburg Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Middleburg Heights; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.