New - 3 days on Rocket
$2,552 Closing Credit¹
#5099182, Bernadette Stitchick, Listing Office: Russell Real Estate Services
North Olmsted Housing Market Report January 2025•Cuyahoga County, Ohio
Housing Prices in North Olmsted, OH
How much do homes in North Olmsted, OH cost?
Housing Market Conditions
Is North Olmsted, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North Olmsted is a Seller's Market
Difference Since January 2024
Since last year, North Olmsted has remained a Seller's Market.
Insight
North Olmsted is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$258,500$137/SqFt
+$18,500
+7.7%
Based on all homes sold in the last 12 months
Insight
Homes in North Olmsted have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in North Olmsted was $258,500 in January 2025, up 7.7% from last year, and the median price per square foot was $137.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Olmsted Township | $231K | $272K | +17.7% |
| North Olmsted | $240K | $258.5K | +7.7% |
| Brookpark | $202.7K | $213K | +5.1% |
| Brook Park | $202.7K | $212.7K | +4.9% |
| Westlake | $362K | $379K | +4.7% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $68.5K | $78.5K | +14.6% |
| 22 Bedrooms | $136.2K | $160K | +17.4% |
| 33 Bedrooms | $238K | $258K | +8.4% |
| 44 Bedrooms | $293K | $325K | +10.9% |
| 55+ Bedrooms | $310K | $352.5K | +13.7% |
Summary: North Olmsted housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +14.6%. The home price for 2 bedroom homes increased by +17.4%. The home price for 3 bedroom homes increased by +8.4%. The home price for 4 bedroom homes increased by +10.9%. The home price for 5 bedroom homes increased by +13.7%.
Housing supply in North Olmsted, OH
How many homes are available in North Olmsted, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 63Last MonthJan 2025 | ||
| 762 months agoDec 2024 | -17.1 % Change MoMDec – Jan |
Summary: The North Olmsted real estate market had 63 homes for sale in Jan 2025, a 17.1 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthJan 2025 | ||
| 312 months agoDec 2024 | -32.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 5 | 6 | +20.0% |
| 22 Bedrooms | 8 | 6 | -25.0% |
| 33 Bedrooms | 35 | 26 | -25.7% |
| 44 Bedrooms | 27 | 24 | -11.1% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: North Olmsted housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -25.7%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in North Olmsted, OH cost?
Over Asking Price8 Homes
At Asking Price4 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in North Olmsted, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in North Olmsted in January 2025, down by 32.3% month-over-month. Of the 21 sold homes, 43% were sold under asking, 19% were sold at asking, and and 38% were sold over asking.
Days on Market for North Olmsted, OH
How long does it take to sell a home in North Olmsted, OH?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days7 Homes
Over 90 Days1 Home
Insight
Many homes in North Olmsted are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 21 homes were sold in North Olmsted; 62% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 31 DaysThis YearJan 2025 | ||
| 47 Days1 year agoJan 2024 | -34.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in North Olmsted had an average listing age of 31 days in Jan 2025, down by 34.1% compared to the previous year.
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Newest Listings in North Olmsted, OH
What homes are available in North Olmsted, OH?
New - 4 days on Rocket
$5,166 Closing Credit¹
#5099024, Robert L Rogers, Listing Office: Keller Williams Greater Metropolitan
New - 4 days on Rocket
$5,343 Closing Credit¹
#5095938, Scott M Lowman, Listing Office: EXP Realty, LLC.
New - 5 days on Rocket
$4,571 Closing Credit¹
#5098857, Ericka S Bazzo, Listing Office: On Target Realty, Inc.
New - 5 days on Rocket
$2,552 Closing Credit¹
#20250416, Bernnie M Stitchick, Listing Office: Russell Real Estate Services - Sandusky
New - 5 days on Rocket
$2,838 Closing Credit¹
#5098277, Noureddine Chehade, Listing Office: EXP Realty, LLC.
New - 7 days on Rocket
$3,088 Closing Credit¹
#5098147, Joshua Janus, Listing Office: Key Realty
$2,671 Closing Credit¹
#5094222, Patrick R Riley, Listing Office: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
$5,105 Closing Credit¹
#5081961, Anthony P Crea, Listing Office: Assad & Crea Realty Group
$1,068 Closing Credit¹
#5093475, Charles Maurer, Listing Office: CENTURY 21 DePiero & Associates, Inc.
$3,183 Closing Credit¹
#5093457, Randa Muntaser, Listing Office: HomePoint Real Estate
$1,009 Closing Credit¹
#5093229, Lisa K Davis, Listing Office: Century 21 Homestar
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MLS Disclaimers and Copyright
Based on information from MLS Now, and Firelands MLS 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: 2/11/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable, but Not Guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Firelands MLS, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Firelands 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: 2/11/2025, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.