Rocky River Housing Market Report February 2025Cuyahoga County, Ohio

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Housing Prices in Rocky River, OH

How much do homes in Rocky River, OH cost?

Housing Market Conditions

Is Rocky River, 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

Rocky River is a Seller's Market

Difference Since February 2024

Since last year, Rocky River has remained a Seller's Market.

Insight

Rocky River 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.
$363,500$170/SqFt
+$5,333
+1.5%

Based on all homes sold in the last 12 months

Insight

Homes in Rocky River have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Rocky River was $363,500 in February 2025, up 1.5% from last year, and the median price per square foot was $170.

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
Lakewood
+9.8%
Fairview Park
+9.7%
Rocky River
+1.5%

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.
BedsFeb 2024Feb 2025Change YoY
1$91.2K$92.5K
+1.4%
2$138K$156.4K
+13.4%
3$365.9K$365.5K
-0.1%
4$515K$515K
0.0%
5$485.4K$834K
+71.8%

Summary: Rocky River housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.4%. The home price for 2 bedroom homes increased by +13.4%. The home price for 3 bedroom homes decreased by -0.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +71.8%.

Housing supply in Rocky River, OH

How many homes are available in Rocky River, 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
69Last MonthFeb 2025
652 months agoJan 2025
+6.2 %
Change MoMJan – Feb

Summary: The Rocky River real estate market had 69 homes for sale in Feb 2025, a 6.2 % increase compared to Jan 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
18Last MonthFeb 2025
192 months agoJan 2025
-5.3 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
135
+66.7%
21414
0.0%
33940
+2.6%
487
-12.5%
513
+200.0%

Summary: Rocky River housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +66.7%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +2.6%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes increased by +200.0%.

Asking Price vs. Sold Price

How much do homes in Rocky River, 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 Price6 Homes

At Asking Price2 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in Rocky River, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Rocky River in February 2025, down by 5.3% month-over-month. Of the 18 sold homes, 56% were sold under asking, 11% were sold at asking, and and 33% were sold over asking.

Days on Market for Rocky River, OH

How long does it take to sell a home in Rocky River, OH?

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days1 Home

Over 90 Days6 Homes

Insight

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

Summary: During February 2025, 18 homes were sold in Rocky River; 61% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 33% 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
42 DaysThis YearFeb 2025
25 Days1 year agoFeb 2024
+68.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Rocky River had an average listing age of 42 days in Feb 2025, up by 68.7% compared to the previous year.

Newest Listings in Rocky River, OH

What homes are available in Rocky River, OH?

MLS Disclaimers and Copyright

Based on information from MLS Now, for the period 03/01/2023 - 03/01/2025

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: 3/3/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.