31 minutes on Rocket
$2,945 Closing Credit¹
#5106762, Brett T Reid, Listing Office: Berkshire Hathaway HomeServices Kathy Reid Realty
Mayfield Heights Housing Market Report February 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 February 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
+$25,500
+12.2%
Based on all homes sold in the last 12 months
Insight
Homes in Mayfield Heights have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Mayfield Heights was $235,000 in February 2025, up 12.2% from last year, and the median price per square foot was $139.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Mayfield Heights | $209.5K | $235K | +12.2% |
| Lyndhurst | $215K | $220.9K | +2.7% |
| Highland Heights | $413K | $411K | -0.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $73K | $66.7K | -8.6% |
| 22 Bedrooms | $180K | $192.9K | +7.2% |
| 33 Bedrooms | $215K | $245K | +14.0% |
| 44 Bedrooms | $300K | $292.5K | -2.5% |
| 55+ Bedrooms | $372.5K | $515K | +38.3% |
Summary: Mayfield Heights housing price by bedroom type for February 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 +7.2%. The home price for 3 bedroom homes increased by +14.0%. The home price for 4 bedroom homes decreased by -2.5%. The home price for 5 bedroom homes increased by +38.3%.
How does Mayfield Heights, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Mayfield Heights, OH
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 |
|---|---|---|
| 40Last MonthFeb 2025 | ||
| 492 months agoJan 2025 | -18.4 % Change MoMJan – Feb |
Summary: The Mayfield Heights real estate market had 40 homes for sale in Feb 2025, a 18.4 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthFeb 2025 | ||
| 162 months agoJan 2025 | -18.8 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 16 | 11 | -31.3% |
| 33 Bedrooms | 25 | 23 | -8.0% |
| 44 Bedrooms | 6 | 6 | 0.0% |
| 55+ Bedrooms | 1 | 0 | -100.0% |
Summary: Mayfield Heights housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -31.3%. The inventory for 3 bedroom homes decreased by -8.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in Mayfield Heights, OH cost?
Over Asking Price7 Homes
At Asking Price0 Home
Under Asking Price6 Homes
Insight
If you're buying a home in Mayfield Heights, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Mayfield Heights in February 2025, down by 18.8% month-over-month. Of the 13 sold homes, 46% were sold under asking, 0% were sold at asking, and and 54% 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 February 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 |
|---|---|---|
| 40 DaysThis YearFeb 2025 | ||
| 43 Days1 year agoFeb 2024 | -6.4 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Mayfield Heights had an average listing age of 40 days in Feb 2025, down by 6.4% compared to the previous year.
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Newest Listings in Mayfield Heights, OH
What homes are available in Mayfield Heights, OH?
19 hours on Rocket
$2,078 Closing Credit¹
#5106368, Karla Gerhard, Listing Office: Keller Williams Living
2 days on Rocket
$3,800 Closing Credit¹
#5105729, Tana Lantry, Listing Office: Ohio Broker Direct
3 days on Rocket
$4,097 Closing Credit¹
#5104997, Jenny Salvaggio, Listing Office: Keller Williams Greater Metropolitan
$2,374 Closing Credit¹
#5103153, Jesse R Kracht, Listing Office: Russell Real Estate Services
Backup offers
$2,957 Closing Credit¹
#5102239, Jenna Tomaro, Listing Office: Keller Williams Greater Metropolitan
Video tour
$3,551 Closing Credit¹
#5100369, Katerina Ali Michalopoulos, Listing Office: Century 21 Premiere Properties, Inc.
$3,266 Closing Credit¹
#5098117, George P Persiano, Listing Office: Neighborhood Partners, LLC.
$3,194 Closing Credit¹
#5098303, Kathleen A Thomas, Listing Office: Platinum Real Estate
$2,077 Closing Credit¹
#5097030, Steve Shamblin, Listing Office: Arrow Realty
Backup offers
$1,899 Closing Credit¹
#5093961, Katie McNeill, Listing Office: Platinum Real Estate
$2,552 Closing Credit¹
#5093576, Ari Dori, Listing Office: Acacia Realty, LLC.
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 03/01/2023 - 03/01/2025
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: 3/15/2025, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.