Is Sagamore Hills Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Sagamore Hills Township has remained a Seller's Market.
Housing Prices in Sagamore Hills Township, OH
How much do homes in Sagamore Hills Township, OH cost?
Median Sold Price
$269,050
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sagamore Hills Township was $269,050 in May 2024, up 5.1% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.9K | $125K | +10.7% |
2 Bedrooms | $185K | $174K | -5.9% |
3 Bedrooms | $295K | $297.5K | +0.8% |
4 Bedrooms | $367.5K | $462.5K | +25.9% |
5+ Bedrooms | $450K | $435K | -3.3% |
Summary: Sagamore Hills Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
Sagamore Hills Township | $255.9K | $269K | +5.1% |
Northfield | $234.9K | $245K | +4.3% |
Walton Hills | $275K | $279K | +1.5% |
Brecksville | $375.3K | $372.5K | -0.8% |
Northfield Center Township | $273.7K | $254K | -7.2% |
Housing Supply in Sagamore Hills Township, OH
How many homes are available in Sagamore Hills Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Summary: The Sagamore Hills Township real estate market had 29 homes for sale in May 2024, a 3.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 4 | -42.9% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sagamore Hills Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Sagamore Hills Township in May 2024, down by 41.7% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Sagamore Hills Township, OH
How long does it take to sell a home in Sagamore Hills Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 43 Days | +79.0% |
Summary: Homes in Sagamore Hills Township had an average of 43 days on market in May 2024, up by 79% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Sagamore Hills Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.