Is Parkhill Land, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkhill Land is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Parkhill Land was a Buyer's Market.

Key Takeaway

Parkhill Land is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Parkhill Land, OH

How much do homes in Parkhill Land, OH cost?

Median Sold Price

$112,500

$43/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$37,500(+50.0%)

Key Takeaway

Homes in Parkhill Land have sold for 50% more than they did a month ago.

Summary: The median home sold price in Parkhill Land was $112,500 in October 2024, up 50% from last month, and the median price per square foot was $43.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $85.9K-
N/A
4 -$125K
N/A
5+ $75K$100K
+33.3%

Summary: Parkhill Land housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Neighborhoods

Parkhill Land
+50.0%
Stanley Heights
+5.3%

Housing Supply in Parkhill Land, OH

How many homes are available in Parkhill Land, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2322-4.3%

Summary: The Parkhill Land real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 98
-11.1%
5+ 109
-10.0%

Summary: The Parkhill Land 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 increased by 33.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkhill Land, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Parkhill Land in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Parkhill Land, OH

How long does it take to sell a home in Parkhill Land, OH?

Average Sale Time

Sep 2024Oct 2024CHANGE
30 Days35 Days+15.8%

Summary: Homes in Parkhill Land had an average of 35 days on market in Oct 2024, up by 15.8% compared to last month.

Breakdown of Home Sale Times

4 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

Many homes in Parkhill Land are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Parkhill Land; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

Newest Listings in Parkhill Land, OH

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