$4,000
0.09 Acres
Land
Colleen Miklus, Listing Office: Keller Williams Greater Metropolitan
Is Newburgh Heights, 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, Newburgh Heights was a Neutral Market.
Key Takeaway
Newburgh Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newburgh Heights, OH
How much do homes in Newburgh Heights, OH cost?
Median Sold Price
$145,000
$74/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,000(+9.0%)
Key Takeaway
Homes in Newburgh Heights have sold for 9% more than they did a year ago.
Summary: The median home sold price in Newburgh Heights was $145,000 in October 2024, up 9% from last year, and the median price per square foot was $74.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $100K | N/A |
| 2 Bedrooms | $120K | $115.5K | -3.8% |
| 3 Bedrooms | $137.4K | $146.6K | +6.7% |
| 4 Bedrooms | $132K | $152K | +15.2% |
| 5+ Bedrooms | $98.9K | $182.5K | +84.5% |
Summary: Newburgh Heights 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 3.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 84.5%.
Median Sold Price Compared To Nearby Cities
| Newburgh Heights | $133K | $145K | +9.0% |
| Cleveland | $155.4K | $164.2K | +5.7% |
Housing Supply in Newburgh Heights, OH
How many homes are available in Newburgh Heights, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Summary: The Newburgh Heights real estate market had 8 homes for sale in October 2024, a 33.3% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 7 | 3 | -57.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Newburgh 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newburgh Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Newburgh Heights in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Newburgh Heights, OH
How long does it take to sell a home in Newburgh Heights, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 31 Days | -11.8% |
Summary: Homes in Newburgh Heights had an average of 31 days on market in Oct 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newburgh Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Newburgh Heights; 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.
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.