Cuyahoga County Housing Market Report December 2024Cuyahoga County, Ohio

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Housing Prices in Cuyahoga County, OH

How much do homes in Cuyahoga County, OH cost?

Housing Market Conditions

Is Cuyahoga County, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Cuyahoga County is a Seller's Market

Difference Since December 2023

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

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$199,968$119/SqFt
+$12,549
+6.7%

Based on all homes sold in the last 12 months

Insight

Homes in Cuyahoga County have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Cuyahoga County was $199,968 in December 2024, up 6.7% from last year, and the median price per square foot was $119.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Geauga County
+10.6%
Summit County
+10.3%
Lake County
+8.4%
Cuyahoga County
+6.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$89.9K$95K
+5.6%
2$143.3K$155K
+8.1%
3$180.1K$197.2K
+9.5%
4$241.6K$251.3K
+4.0%
5$251K$241.6K
-3.8%

Summary: Cuyahoga County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +5.6%. The home price for 2 bedroom homes increased by +8.1%. The home price for 3 bedroom homes increased by +9.5%. The home price for 4 bedroom homes increased by +4.0%. The home price for 5 bedroom homes decreased by -3.8%.

Housing supply in Cuyahoga County, OH

How many homes are available in Cuyahoga County, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4,242Last MonthDec 2024
4,7352 months agoNov 2024
-10.4 %
Change MoMNov – Dec

Summary: The Cuyahoga County real estate market had 4,242 homes for sale in Dec 2024, a 10.4 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1,113Last MonthDec 2024
1,1982 months agoNov 2024
-7.1 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
18274
-9.8%
2613518
-15.5%
32,1351,949
-8.7%
41,3101,177
-10.2%
5595524
-11.9%

Summary: Cuyahoga County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -9.8%. The inventory for 2 bedroom homes decreased by -15.5%. The inventory for 3 bedroom homes decreased by -8.7%. The inventory for 4 bedroom homes decreased by -10.2%. The inventory for 5 bedroom homes decreased by -11.9%.

Asking Price vs. Sold Price

How much do homes in Cuyahoga County, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price362 Homes

At Asking Price159 Homes

Under Asking Price591 Homes

Insight

If you're buying a home in Cuyahoga County, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 1,113 homes were sold or pending in Cuyahoga County in December 2024, down by 7.1% month-over-month. Of the 1112 sold homes, 53% were sold under asking, 14% were sold at asking, and and 33% were sold over asking.

Days on Market for Cuyahoga County, OH

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

Breakdown of Home Sale Times

Under 30 Days581 Homes

30 – 90 Days399 Homes

Over 90 Days133 Homes

Insight

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

Summary: During December 2024, 1113 homes were sold in Cuyahoga County; 52% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
42 DaysThis YearDec 2024
39 Days1 year agoDec 2023
+8.6 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Cuyahoga County had an average listing age of 42 days in Dec 2024, up by 8.6% compared to the previous year.

Newest Listings in Cuyahoga County, OH

What homes are available in Cuyahoga County, OH?

MLS Disclaimers and Copyright

Based on information from MLS Now, Columbus and Central Ohio Regional MLS, and West Central Association of REALTORS MLS for the period 01/01/2023 - 01/01/2025

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by West Central Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 – West Central Association of REALTORS – All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.