New - 1 day on Rocket
$3,443 Closing Credit¹
#5100789, Anthony R Latina, Listing Office: RE/MAX Crossroads Properties
Pepper Pike Housing Market Report January 2025•Cuyahoga County, Ohio
Housing Prices in Pepper Pike, OH
How much do homes in Pepper Pike, OH cost?
Housing Market Conditions
Is Pepper Pike, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Pepper Pike is a Neutral Market
Difference Since January 2024
At the same time last year, Pepper Pike was a Seller's Market.
Insight
Pepper Pike is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$717,000$178/SqFt
+$80,500
+12.6%
Based on all homes sold in the last 12 months
Insight
Homes in Pepper Pike have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Pepper Pike was $717,000 in January 2025, up 12.6% from last year, and the median price per square foot was $178.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Mayfield Heights | $208.5K | $235K | +12.7% |
| Pepper Pike | $636.5K | $717K | +12.6% |
| Lyndhurst | $215K | $219.9K | +2.3% |
| Beachwood | $410K | $391.9K | -4.4% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $325K | $330K | +1.5% |
| 33 Bedrooms | $552.5K | $717K | +29.8% |
| 44 Bedrooms | $617.5K | $653K | +5.7% |
| 55+ Bedrooms | $795K | $970K | +22.0% |
Summary: Pepper Pike housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.5%. The home price for 3 bedroom homes increased by +29.8%. The home price for 4 bedroom homes increased by +5.7%. The home price for 5 bedroom homes increased by +22.0%.
Housing supply in Pepper Pike, OH
How many homes are available in Pepper Pike, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthJan 2025 | ||
| 312 months agoDec 2024 | -32.3 % Change MoMDec – Jan |
Summary: The Pepper Pike real estate market had 21 homes for sale in Jan 2025, a 32.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthJan 2025 | ||
| 132 months agoDec 2024 | -76.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 12 | 9 | -25.0% |
| 44 Bedrooms | 10 | 7 | -30.0% |
| 55+ Bedrooms | 8 | 4 | -50.0% |
Summary: Pepper Pike 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 remained the same. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes decreased by -30.0%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Pepper Pike, OH cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Pepper Pike, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Pepper Pike in January 2025, down by 76.9% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Pepper Pike, OH
How long does it take to sell a home in Pepper Pike, OH?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Most homes in Pepper Pike are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 3 homes were sold in Pepper Pike; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 82 DaysThis YearJan 2025 | ||
| 79 Days1 year agoJan 2024 | +3.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Pepper Pike had an average listing age of 82 days in Jan 2025, up by 3.4% compared to the previous year.
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Newest Listings in Pepper Pike, OH
What homes are available in Pepper Pike, OH?
New - 2 days on RocketBackup offers
$10,000 Closing Credit¹
#5101115, Mike Wold, Listing Office: RE/MAX Traditions
New - 3 days on Rocket
$6,401 Closing Credit¹
#5101097, Diane Russo Armington, Listing Office: Berkshire Hathaway HomeServices Professional Realty
$9,369 Closing Credit¹
#5099063, Nick Zawitz, Listing Office: The Agency Cleveland Northcoast
$10,000 Closing Credit¹
#5095661, David Aronovich, Listing Office: HomeSmart Real Estate Momentum LLC
$9,797 Closing Credit¹
#5081640, Amanda S Pohlman, Listing Office: Keller Williams Living
$10,000 Closing Credit¹
#5080526, Amanda S Pohlman, Listing Office: Keller Williams Living
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MLS Disclaimers and Copyright
Based on information from MLS Now, 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: 2/22/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.