#5100723, Gina Rensi, Listing Office: McDowell Homes Real Estate Services
Garfield Heights Housing Market Report January 2025•Cuyahoga County, Ohio
Housing Prices in Garfield Heights, OH
How much do homes in Garfield Heights, OH cost?
Housing Market Conditions
Is Garfield Heights, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Garfield Heights is a Seller's Market
Difference Since January 2024
Since last year, Garfield Heights has remained a Seller's Market.
Garfield Heights 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 Garfield Heights have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Garfield Heights was $136,750 in January 2025, up 5.2% from last year, and the median price per square foot was $82.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Cleveland | $155.4K | $169.8K | +9.3% |
Maple Heights | $119.5K | $125.8K | +5.3% |
Garfield Heights | $130K | $136.7K | +5.2% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $93K | $91K | -2.2% |
33 Bedrooms | $132.8K | $137.7K | +3.7% |
44 Bedrooms | $131K | $142K | +8.4% |
55+ Bedrooms | $147K | $161.1K | +9.6% |
Summary: Garfield Heights housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -2.2%. The home price for 3 bedroom homes increased by +3.7%. The home price for 4 bedroom homes increased by +8.4%. The home price for 5 bedroom homes increased by +9.6%.
Housing supply in Garfield Heights, OH
How many homes are available in Garfield Heights, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
128Last MonthJan 2025 | ||
1302 months agoDec 2024 | -1.5 % Change MoMDec – Jan |
Summary: The Garfield Heights real estate market had 128 homes for sale in Jan 2025, a 1.5 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
30Last MonthJan 2025 | ||
372 months agoDec 2024 | -18.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 10 | 12 | +20.0% |
33 Bedrooms | 86 | 86 | 0.0% |
44 Bedrooms | 25 | 24 | -4.0% |
55+ Bedrooms | 9 | 6 | -33.3% |
Summary: Garfield Heights housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -4.0%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Garfield Heights, OH cost?
Over Asking Price7 Homes
At Asking Price3 Homes
Under Asking Price20 Homes
If you're buying a home in Garfield Heights, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Garfield Heights in January 2025, down by 18.9% month-over-month. Of the 30 sold homes, 67% were sold under asking, 10% were sold at asking, and and 23% were sold over asking.
Days on Market for Garfield Heights, OH
How long does it take to sell a home in Garfield Heights, OH?
Breakdown of Home Sale Times
Under 30 Days10 Homes
30 – 90 Days12 Homes
Over 90 Days8 Homes
Avg time on Rocket Homes in Garfield Heights has remained consistent over time.
Summary: During January 2025, 30 homes were sold in Garfield Heights; 33% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
56 DaysThis YearJan 2025 | ||
50 Days1 year agoJan 2024 | +13.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Garfield Heights had an average listing age of 56 days in Jan 2025, up by 13.4% compared to the previous year.
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Newest Listings in Garfield Heights, OH
What homes are available in Garfield Heights, OH?
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MLS Disclaimers and Copyright
Based on information from MLS Now, and Columbus and Central Ohio Regional MLS for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/19/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 2/19/2025, 3:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.