8 hours on Rocket
$3,741 Closing Credit¹
#5116221, Anna Marie Velazquez, Listing Office: Engel & Völkers Distinct
Richmond Heights Housing Market Report March 2025•Cuyahoga County, Ohio
Housing Prices in Richmond Heights, OH
How much do homes in Richmond Heights, OH cost?
Housing Market Conditions
Is Richmond Heights, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Richmond Heights is a Seller's Market
Difference Since March 2024
At the same time last year, Richmond Heights was a Neutral Market.
Insight
Richmond Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$235,000$114/SqFt
+$13,550
+6.1%
Based on all homes sold in the last 12 months
Insight
Homes in Richmond Heights have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Richmond Heights was $235,000 in March 2025, up 6.1% from last year, and the median price per square foot was $114.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Euclid | $130K | $140.2K | +7.9% |
| Richmond Heights | $221.4K | $235K | +6.1% |
| Highland Heights | $423.2K | $411K | -2.9% |
| Willoughby Hills | $324K | $299.5K | -7.6% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $172.5K | $167K | -3.1% |
| 33 Bedrooms | $209K | $217.5K | +4.1% |
| 44 Bedrooms | $271.2K | $280K | +3.2% |
| 55+ Bedrooms | $393.2K | $405K | +3.0% |
Summary: Richmond Heights housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.1%. The home price for 3 bedroom homes increased by +4.1%. The home price for 4 bedroom homes increased by +3.2%. The home price for 5 bedroom homes increased by +3.0%.
How does Richmond Heights, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Richmond Heights, OH
Housing supply in Richmond Heights, OH
How many homes are available in Richmond Heights, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthMar 2025 | ||
| 272 months agoFeb 2025 | +14.8 % Change MoMFeb – Mar |
Summary: The Richmond Heights real estate market had 31 homes for sale in Mar 2025, a 14.8 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthMar 2025 | ||
| 62 months agoFeb 2025 | +50.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 18 | 18 | 0.0% |
| 44 Bedrooms | 5 | 9 | +80.0% |
| 55+ Bedrooms | 2 | 3 | +50.0% |
Summary: Richmond Heights housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +80.0%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Richmond Heights, OH cost?
Over Asking Price4 Homes
At Asking Price1 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Richmond Heights, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Richmond Heights in March 2025, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and and 44% were sold over asking.
Days on Market for Richmond Heights, OH
How long does it take to sell a home in Richmond Heights, OH?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days4 Homes
Over 90 Days1 Home
Insight
Many homes in Richmond Heights are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 9 homes were sold in Richmond Heights; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 50 DaysThis YearMar 2025 | ||
| 54 Days1 year agoMar 2024 | -7.5 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Richmond Heights had an average listing age of 50 days in Mar 2025, down by 7.5% compared to the previous year.
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Newest Listings in Richmond Heights, OH
What homes are available in Richmond Heights, OH?
4 days on Rocket
$2,672 Closing Credit¹
#5115249, Katerina Ali Michalopoulos, Listing Office: Century 21 Premiere Properties, Inc.
$2,494 Closing Credit¹
#5114709, Shoshana Socher, Listing Office: Keller Williams Greater Metropolitan
$3,325 Closing Credit¹
#5113738, Eloise Henry, Listing Office: Keller Williams Greater Metropolitan
Backup offers
$2,957 Closing Credit¹
#5113903, Robert R Erney, Listing Office: RE Closing Professionals, LLC.
$2,968 Closing Credit¹
#5105595, Terry Young, Listing Office: Keller Williams Greater Metropolitan
Backup offers
$3,205 Closing Credit¹
#5111877, Rick Misencik, Listing Office: Russell Real Estate Services
$2,375 Closing Credit¹
#5109757, Kim L Goodrick, Listing Office: Red 1 Realty, LLC
$2,078 Closing Credit¹
#5108386, Christopher Knight, Listing Office: Allstar Management, LLC.
$2,362 Closing Credit¹
#5105130, Brian P Winners, Listing Office: EXP Realty, LLC.
$2,255 Closing Credit¹
#5101604, Christina Lebedev, Listing Office: McDowell Homes Real Estate Services
$4,393 Closing Credit¹
#5097804, Doris T Worley, Listing Office: The Agency Cleveland Northcoast
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 04/01/2023 - 04/01/2025
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: 4/25/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.