Is Reminderville, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reminderville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Reminderville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Reminderville, OH

How much do homes in Reminderville, OH cost?

Median Sold Price

$325,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+4.8%)

Key Takeaway

Homes in Reminderville have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Reminderville was $325,000 in November 2024, up 4.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $264K$167K
-36.8%
3 $325K$292.5K
-10.0%
4 $431K$430K
-0.2%
5+ $525K$559K
+6.5%

Summary: Reminderville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.8%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Cities

Reminderville
+4.8%
Aurora
+2.7%
Twinsburg
-3.1%
Twinsburg Township
-3.7%
Solon
-5.9%

Housing Supply in Reminderville, OH

How many homes are available in Reminderville, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2017-15.0%

Summary: The Reminderville real estate market had 17 homes for sale in November 2024, a 15.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 910
+11.1%
4 54
-20.0%
5+ 00
0.0%

Summary: The Reminderville 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 decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reminderville, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Reminderville in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Reminderville, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days40 Days+263.6%

Summary: Homes in Reminderville had an average of 40 days on market in Nov 2024, up by 263.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Reminderville; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

Newest Listings in Reminderville, OH

Nearby Markets to Reminderville, OH

What housing markets are near Reminderville, OH?