$2,019 Closing Credit*
$170,000
2,504 SqFt
3 Beds
•2 Full Baths
Sherri A Walker, Listing Office: RE/MAX Crossroads Properties
Is Warrensville Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Warrensville Heights has remained a Seller's Market.
Key Takeaway
Warrensville Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Warrensville Heights, OH
How much do homes in Warrensville Heights, OH cost?
Median Sold Price
$139,950
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$24,950(+21.7%)
Key Takeaway
Homes in Warrensville Heights have sold for 21.7% more than they did a year ago.
Summary: The median home sold price in Warrensville Heights was $139,950 in December 2024, up 21.7% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $50K | $55K | +10.0% |
| 3 Bedrooms | $126.4K | $141K | +11.5% |
| 4 Bedrooms | $125K | $147K | +17.6% |
| 5+ Bedrooms | $217K | - | N/A |
Summary: Warrensville Heights housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes did not change.
Housing Supply in Warrensville Heights, OH
How many homes are available in Warrensville Heights, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 37 | 34 | -8.1% |
Summary: The Warrensville Heights real estate market had 34 homes for sale in December 2024, a 8.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Warrensville Heights housing inventory by bedroom type for December 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 5.6%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warrensville Heights, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Warrensville Heights in December 2024, up by 12.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Warrensville Heights, OH
How long does it take to sell a home in Warrensville Heights, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 39 Days | +9.3% |
Summary: Homes in Warrensville Heights had an average of 39 days on market in Dec 2024, up by 9.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Warrensville Heights are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in Warrensville Heights; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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