#5101787, Nicole Hoffman, Listing Office: Keller Williams Elevate
North Royalton Housing Market Report January 2025•Cuyahoga County, Ohio
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?
Seller'sMarket
Buyer'sMarket
North Royalton is a Seller's Market
Difference Since January 2024
Since last year, North Royalton has remained a Seller's Market.
North Royalton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in North Royalton have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in North Royalton was $309,083 in January 2025, up 7.6% from last year, and the median price per square foot was $137.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Hinckley | $470K | $534.1K | +13.6% |
Parma | $192.6K | $210K | +9.0% |
North Royalton | $287.3K | $309K | +7.6% |
Broadview Heights | $329.9K | $324.5K | -1.7% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $90K | $104K | +15.6% |
22 Bedrooms | $144.9K | $152.7K | +5.4% |
33 Bedrooms | $271K | $303.5K | +12.0% |
44 Bedrooms | $420.5K | $415K | -1.3% |
55+ Bedrooms | $450K | $478.5K | +6.3% |
Summary: North Royalton housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +15.6%. The home price for 2 bedroom homes increased by +5.4%. The home price for 3 bedroom homes increased by +12.0%. The home price for 4 bedroom homes decreased by -1.3%. The home price for 5 bedroom homes increased by +6.3%.
Housing supply in North Royalton, OH
How many homes are available in North Royalton, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
74Last MonthJan 2025 | ||
782 months agoDec 2024 | -5.1 % Change MoMDec – Jan |
Summary: The North Royalton real estate market had 74 homes for sale in Jan 2025, a 5.1 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
21Last MonthJan 2025 | ||
242 months agoDec 2024 | -12.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 19 | 21 | +10.5% |
33 Bedrooms | 33 | 27 | -18.2% |
44 Bedrooms | 18 | 19 | +5.6% |
55+ Bedrooms | 8 | 7 | -12.5% |
Summary: North Royalton 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 +10.5%. The inventory for 3 bedroom homes decreased by -18.2%. The inventory for 4 bedroom homes increased by +5.6%. The inventory for 5 bedroom homes decreased by -12.5%.
Asking Price vs. Sold Price
How much do homes in North Royalton, OH cost?
Over Asking Price9 Homes
At Asking Price2 Homes
Under Asking Price10 Homes
If you're buying a home in North Royalton, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in North Royalton in January 2025, down by 12.5% month-over-month. Of the 21 sold homes, 48% were sold under asking, 10% were sold at asking, and and 43% 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 Days10 Homes
30 – 90 Days8 Homes
Over 90 Days3 Homes
Many homes in North Royalton are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 21 homes were sold in North Royalton; 48% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
43 DaysThis YearJan 2025 | ||
37 Days1 year agoJan 2024 | +15.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in North Royalton had an average listing age of 43 days in Jan 2025, up by 15.2% compared to the previous year.
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Newest Listings in North Royalton, OH
What homes are available in North Royalton, OH?
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.