North Royalton Housing Market Report May 2025Cuyahoga County, Ohio

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Housing Prices in North Royalton, OH

How much do homes in North Royalton, OH cost?

Housing Market Conditions

Is North Royalton, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

North Royalton is a Seller's Market

Difference Since May 2024

Since last year, North Royalton has remained a Seller's Market.

Insight

North Royalton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$316,125$138/SqFt
+$21,125
+7.2%

Based on all homes sold in the last 12 months

Insight

Homes in North Royalton have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in North Royalton was $316,125 in May 2025, up 7.2% from last year, and the median price per square foot was $138.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Hinckley
+21.8%
Parma
+8.0%
North Royalton
+7.2%
Broadview Heights
-4.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$104K$83K
-20.1%
2$149K$153.5K
+3.0%
3$282K$295.9K
+4.9%
4$415.2K$415K
-0.1%
5$437.5K$472K
+7.9%

Summary: North Royalton housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -20.1%. The home price for 2 bedroom homes increased by +3.0%. The home price for 3 bedroom homes increased by +4.9%. The home price for 4 bedroom homes decreased by -0.1%. The home price for 5 bedroom homes increased by +7.9%.

How does North Royalton, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

North Royalton, OH

Housing supply in North Royalton, OH

How many homes are available in North Royalton, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
95Last MonthMay 2025
932 months agoApr 2025
+2.2 %
Change MoMApr – May

Summary: The North Royalton real estate market had 95 homes for sale in May 2025, a 2.2 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
19Last MonthMay 2025
272 months agoApr 2025
-29.6 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
132
-33.3%
22027
+35.0%
33228
-12.5%
43330
-9.1%
558
+60.0%

Summary: North Royalton housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes increased by +35.0%. The inventory for 3 bedroom homes decreased by -12.5%. The inventory for 4 bedroom homes decreased by -9.1%. The inventory for 5 bedroom homes increased by +60.0%.

Asking Price vs. Sold Price

How much do homes in North Royalton, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price9 Homes

At Asking Price3 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in North Royalton, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in North Royalton in May 2025, down by 29.6% month-over-month. Of the 19 sold homes, 37% were sold under asking, 16% were sold at asking, and and 47% were sold over asking.

Days on Market for North Royalton, OH

How long does it take to sell a home in North Royalton, OH?

Breakdown of Home Sale Times

Under 30 Days12 Homes

30 – 90 Days7 Homes

Over 90 Days0 Home

Insight

Many homes in North Royalton are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 19 homes were sold in North Royalton; 63% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
21 DaysThis YearMay 2025
35 Days1 year agoMay 2024
-39.4 %
Change YoYMay 2024 – May 2025

Summary: Homes in North Royalton had an average listing age of 21 days in May 2025, down by 39.4% compared to the previous year.

Newest Listings in North Royalton, OH

What homes are available in North Royalton, OH?

MLS Disclaimers and Copyright

Based on information from MLS Now, for the period 06/01/2023 - 06/01/2025

IDXCopyright 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: 6/10/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.