Karen E Richardson, Listing Office: Keller Williams Citywide
Middlefield Housing Market Report December 2024•Geauga County, Ohio
Housing Prices in Middlefield, OH
How much do homes in Middlefield, OH cost?
Housing Market Conditions
Is Middlefield, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Middlefield is a Buyer's Market
Difference Since November 2024
Last month, Middlefield has remained a Buyer's Market.
Middlefield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in December 2024
Homes in Middlefield have sold for 10.1% less than they did a month ago.
Summary: The median home sold price in Middlefield was $274,317 in December 2024, down 10.1% from last month, and the median price per square foot was $156.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Middlefield Township | $305.1K | $274.3K | -10.1% |
Middlefield | $305.1K | $274.3K | -10.1% |
Burton Township | $526.5K | $245K | -53.5% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | $305.1K | $231.5K | -24.1% |
44 Bedrooms | - | $317.1K | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Middlefield housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -24.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Middlefield, OH
How many homes are available in Middlefield, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
27Last MonthDec 2024 | ||
262 months agoNov 2024 | +3.8 % Change MoMNov – Dec |
Summary: The Middlefield real estate market had 27 homes for sale in Dec 2024, a 3.8 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthDec 2024 | ||
12 months agoNov 2024 | +100.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 15 | 14 | -6.7% |
44 Bedrooms | 6 | 7 | +16.7% |
55+ Bedrooms | 4 | 5 | +25.0% |
Summary: Middlefield housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -6.7%. The inventory for 4 bedroom homes increased by +16.7%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Middlefield, OH cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Middlefield, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Middlefield in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Middlefield, OH
How long does it take to sell a home in Middlefield, OH?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in Middlefield are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Middlefield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
20 DaysLast MonthDec 2024 | ||
10 Days1 month agoNov 2024 | +100.0 % Change MoMNov – Dec |
Summary: Homes in Middlefield had an average listing age of 20 days in Dec 2024, up by 100.0% compared to the previous month.
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Newest Listings in Middlefield, OH
What homes are available in Middlefield, OH?
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Nearby markets aren't available for Middlefield, OH
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 11/01/2024 - 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: 1/22/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.