$2,968 Closing Credit*
$249,900
1,850 SqFt
3 Beds
•2 Full Baths
Gregory Erlanger, Listing Office: Keller Williams Citywide
Is North Ridgeville, 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, North Ridgeville has remained a Seller's Market.
Key Takeaway
North Ridgeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Ridgeville, OH
How much do homes in North Ridgeville, OH cost?
Median Sold Price
$329,787
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,787(+11.8%)
Key Takeaway
Homes in North Ridgeville have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in North Ridgeville was $329,787 in November 2024, up 11.8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.5K | $115.5K | +84.8% |
| 2 Bedrooms | $220K | $272.5K | +23.9% |
| 3 Bedrooms | $275K | $300.7K | +9.4% |
| 4 Bedrooms | $376K | $389K | +3.5% |
| 5+ Bedrooms | $427.5K | $479.9K | +12.3% |
Summary: North Ridgeville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.8%, 2 bedroom homes increased by 23.9%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Olmsted Township | $220K | $275K | +25.0% |
| Avon | $400.5K | $457K | +14.1% |
| Elyria | $159.6K | $179.3K | +12.4% |
| North Ridgeville | $295K | $329.7K | +11.8% |
| North Olmsted | $239.7K | $255K | +6.4% |
Housing Supply in North Ridgeville, OH
How many homes are available in North Ridgeville, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 138 | 110 | -20.3% |
Summary: The North Ridgeville real estate market had 110 homes for sale in November 2024, a 20.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 73 | 47 | -35.6% |
| 4 Bedrooms | 38 | 37 | -2.6% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The North Ridgeville 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 remained the same, 3 bedroom homes decreased by 35.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 39 | -15.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Ridgeville, you could pay more than the asking price. 56.4% of homes here sold above asking price last month.
Summary: A total of 39 homes were sold or pending in North Ridgeville in November 2024, down by 15.2% month-over-month. Of the 39 sold homes, 28% were sold under asking, 15% were sold at asking, and 56% were sold over asking.
Days on Market for North Ridgeville, OH
How long does it take to sell a home in North Ridgeville, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 23 Days | -34.9% |
Summary: Homes in North Ridgeville had an average of 23 days on market in Nov 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Ridgeville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in North Ridgeville; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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