Linda R DiPietro, Listing Office: Keller Williams Greater Cleveland Northeast
Cuyahoga County Housing Market Report December 2024•Cuyahoga County, Ohio
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?
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.
Cuyahoga County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
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
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Geauga County | $334.2K | $369.6K | +10.6% |
Summit County | $184.9K | $204K | +10.3% |
Lake County | $208.9K | $226.3K | +8.4% |
Cuyahoga County | $187.4K | $199.9K | +6.7% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $89.9K | $95K | +5.6% |
22 Bedrooms | $143.3K | $155K | +8.1% |
33 Bedrooms | $180.1K | $197.2K | +9.5% |
44 Bedrooms | $241.6K | $251.3K | +4.0% |
55+ Bedrooms | $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
Last Month | 2 months ago | Change 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
Last Month | 2 months ago | Change MoM |
---|---|---|
1,113Last MonthDec 2024 | ||
1,1982 months agoNov 2024 | -7.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 82 | 74 | -9.8% |
22 Bedrooms | 613 | 518 | -15.5% |
33 Bedrooms | 2,135 | 1,949 | -8.7% |
44 Bedrooms | 1,310 | 1,177 | -10.2% |
55+ Bedrooms | 595 | 524 | -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?
Over Asking Price362 Homes
At Asking Price159 Homes
Under Asking Price591 Homes
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
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
This Year | 1 year ago | Change 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.
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Newest Listings in Cuyahoga County, OH
What homes are available in Cuyahoga County, OH?
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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
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.
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.
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.