Is North Heights, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Heights is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, North Heights was a Seller's Market.

Key Takeaway

North Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Heights, OH

How much do homes in North Heights, OH cost?

Median Sold Price

$115,000

$50/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,500(+42.9%)

Key Takeaway

Homes in North Heights have sold for 42.9% more than they did a year ago.

Summary: The median home sold price in North Heights was $115,000 in October 2024, up 42.9% from last year, and the median price per square foot was $50.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $32.7K$52.5K
+60.3%
3 $100K$70K
-30.0%
4 $77K$141K
+83.1%
5+ $80.5K$170.5K
+111.8%

Summary: North 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 increased by 60.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 83.1%, and 5+ bedroom homes increased by 111.8%.

Median Sold Price Compared To Nearby Neighborhoods

North Heights
+42.9%
North Side
+14.1%
East Side
+11.3%

Housing Supply in North Heights, OH

How many homes are available in North Heights, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18180.0%

Summary: The North Heights real estate market had 18 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 55
0.0%
5+ 66
0.0%

Summary: The North 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Heights in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Heights, OH

How long does it take to sell a home in North Heights, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days88 Days+122.0%

Summary: Homes in North Heights had an average of 88 days on market in Oct 2024, up by 122% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Heights has remained consistent over time.

Summary: During October 2024, 2 homes were sold in North Heights; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in North Heights, OH

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