New - 17 hours on Rocket
$2,969 Closing Credit¹
#5100971, Douglas Sulenta, Listing Office: Keller Williams Greater Metropolitan
Mayfield Heights Housing Market Report January 2025•Cuyahoga County, Ohio
Housing Prices in Mayfield Heights, OH
How much do homes in Mayfield Heights, OH cost?
Housing Market Conditions
Is Mayfield Heights, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mayfield Heights is a Seller's Market
Difference Since January 2024
Since last year, Mayfield Heights has remained a Seller's Market.
Insight
Mayfield Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$235,000$139/SqFt
+$26,500
+12.7%
Based on all homes sold in the last 12 months
Insight
Homes in Mayfield Heights have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Mayfield Heights was $235,000 in January 2025, up 12.7% from last year, and the median price per square foot was $139.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Mayfield Heights | $208.5K | $235K | +12.7% |
| Lyndhurst | $215K | $219.9K | +2.3% |
| Highland Heights | $420K | $405K | -3.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $73K | $66.7K | -8.6% |
| 22 Bedrooms | $177.2K | $194.7K | +9.8% |
| 33 Bedrooms | $217.5K | $243K | +11.7% |
| 44 Bedrooms | $298.5K | $292.5K | -2.0% |
| 55+ Bedrooms | $372.5K | $515K | +38.3% |
Summary: Mayfield Heights housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -8.6%. The home price for 2 bedroom homes increased by +9.8%. The home price for 3 bedroom homes increased by +11.7%. The home price for 4 bedroom homes decreased by -2.0%. The home price for 5 bedroom homes increased by +38.3%.
Housing supply in Mayfield Heights, OH
How many homes are available in Mayfield Heights, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthJan 2025 | ||
| 512 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The Mayfield Heights real estate market had 51 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthJan 2025 | ||
| 202 months agoDec 2024 | -35.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 13 | 16 | +23.1% |
| 33 Bedrooms | 29 | 27 | -6.9% |
| 44 Bedrooms | 7 | 6 | -14.3% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Mayfield 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 +23.1%. The inventory for 3 bedroom homes decreased by -6.9%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Mayfield Heights, OH cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price10 Homes
Insight
If you're buying a home in Mayfield Heights, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Mayfield Heights in January 2025, down by 35.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 8% were sold at asking, and and 15% were sold over asking.
Days on Market for Mayfield Heights, OH
How long does it take to sell a home in Mayfield Heights, OH?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days5 Homes
Over 90 Days1 Home
Insight
Many homes in Mayfield Heights are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 13 homes were sold in Mayfield Heights; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 42 DaysThis YearJan 2025 | ||
| 37 Days1 year agoJan 2024 | +15.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Mayfield Heights had an average listing age of 42 days in Jan 2025, up by 15.1% compared to the previous year.
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Newest Listings in Mayfield Heights, OH
What homes are available in Mayfield Heights, OH?
New - 3 days on RocketVideo tour
$3,669 Closing Credit¹
#5100369, Katerina Ali Michalopoulos, Listing Office: Century 21 Premiere Properties, Inc.
New - 6 days on Rocket
$4,928 Closing Credit¹
#5100443, Debbie Garson, Listing Office: Keller Williams Greater Metropolitan
$3,503 Closing Credit¹
#5098117, George P Persiano, Listing Office: Neighborhood Partners, LLC.
$3,194 Closing Credit¹
#5098303, Kathleen A Thomas, Listing Office: Platinum Real Estate
$2,136 Closing Credit¹
#5097030, Steve Shamblin, Listing Office: Arrow Realty
Backup offers
$1,899 Closing Credit¹
#5094837, Patricia M Gaeta, Listing Office: Keller Williams Greater Metropolitan
Backup offers
$3,324 Closing Credit¹
#5095409, Susan M Loparo, Listing Office: RE/MAX Crossroads Properties
Backup offers
$1,899 Closing Credit¹
#5093961, Katie McNeill, Listing Office: Platinum Real Estate
$3,325 Closing Credit¹
#5094784, Victor Yagudaev, Listing Office: EXP Realty, LLC.
$2,552 Closing Credit¹
#5093576, Ari Dori, Listing Office: Acacia Realty, LLC.
Backup offers
$2,789 Closing Credit¹
#5084295, Jeffrey Carducci, Listing Office: McDowell Homes Real Estate Services
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 02/01/2023 - 02/01/2025
Copyright 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: 2/21/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.