Is Berlin Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Berlin Heights has remained a Seller's Market.
Key Takeaway
Berlin Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berlin Heights, OH
How much do homes in Berlin Heights, OH cost?
Median Sold Price
$250,000
$112/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Berlin Heights have sold for 31.5% less than they did a month ago.
Summary: The median home sold price in Berlin Heights was $250,000 in April 2024, down 31.5% from last month, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $335K | - | N/A |
| 4 Bedrooms | $365K | $250K | -31.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Berlin Heights housing prices by bedroom type for April 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 decreased by 31.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Berlin Township | $365K | $295K | -19.2% |
| Berlin Heights | $365K | $250K | -31.5% |
Housing Supply in Berlin Heights, OH
How many homes are available in Berlin Heights, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Berlin Heights real estate market had 6 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Berlin Heights housing inventory by bedroom type for April 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 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin Heights, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Berlin Heights in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Berlin Heights, OH
How long does it take to sell a home in Berlin Heights, OH?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 55 Days | +302.4% |
Summary: Homes in Berlin Heights had an average of 55 days on market in Apr 2024, up by 302.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Berlin Heights has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Berlin Heights; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
