6 hours on Rocket
$3,064 Closing Credit¹
#5106428, Bonnie Phillips, Listing Office: Redfin Real Estate Corporation
Shaker Heights Housing Market Report February 2025•Cuyahoga County, Ohio
Housing Prices in Shaker Heights, OH
How much do homes in Shaker Heights, OH cost?
Housing Market Conditions
Is Shaker Heights, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Shaker Heights is a Neutral Market
Difference Since February 2024
At the same time last year, Shaker Heights was a Seller's Market.
Insight
Shaker Heights 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
$325,000$130/SqFt
+$24,375
+8.1%
Based on all homes sold in the last 12 months
Insight
Homes in Shaker Heights have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Shaker Heights was $325,000 in February 2025, up 8.1% from last year, and the median price per square foot was $130.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Shaker Heights | $300.6K | $325K | +8.1% |
| University Heights | $260K | $280K | +7.7% |
| Cleveland Heights | $200K | $212.9K | +6.5% |
| Beachwood | $410K | $395K | -3.7% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $44.2K | $53.2K | +20.3% |
| 22 Bedrooms | $83K | $87K | +4.8% |
| 33 Bedrooms | $209K | $255K | +22.0% |
| 44 Bedrooms | $325K | $380K | +16.9% |
| 55+ Bedrooms | $462.5K | $525K | +13.5% |
Summary: Shaker Heights housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +20.3%. The home price for 2 bedroom homes increased by +4.8%. The home price for 3 bedroom homes increased by +22.0%. The home price for 4 bedroom homes increased by +16.9%. The home price for 5 bedroom homes increased by +13.5%.
How does Shaker Heights, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Shaker Heights, OH
Housing supply in Shaker Heights, OH
How many homes are available in Shaker Heights, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 93Last MonthFeb 2025 | ||
| 1042 months agoJan 2025 | -10.6 % Change MoMJan – Feb |
Summary: The Shaker Heights real estate market had 93 homes for sale in Feb 2025, a 10.6 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthFeb 2025 | ||
| 292 months agoJan 2025 | -48.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 5 | +25.0% |
| 22 Bedrooms | 18 | 21 | +16.7% |
| 33 Bedrooms | 21 | 16 | -23.8% |
| 44 Bedrooms | 33 | 31 | -6.1% |
| 55+ Bedrooms | 28 | 20 | -28.6% |
Summary: Shaker Heights housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes decreased by -23.8%. The inventory for 4 bedroom homes decreased by -6.1%. The inventory for 5 bedroom homes decreased by -28.6%.
Asking Price vs. Sold Price
How much do homes in Shaker Heights, OH cost?
Over Asking Price5 Homes
At Asking Price2 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in Shaker Heights, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Shaker Heights in February 2025, down by 48.3% month-over-month. Of the 15 sold homes, 53% were sold under asking, 13% were sold at asking, and and 33% were sold over asking.
Days on Market for Shaker Heights, OH
How long does it take to sell a home in Shaker Heights, OH?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days8 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in Shaker Heights has remained consistent over time.
Summary: During February 2025, 15 homes were sold in Shaker Heights; 33% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 49 DaysThis YearFeb 2025 | ||
| 42 Days1 year agoFeb 2024 | +16.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Shaker Heights had an average listing age of 49 days in Feb 2025, up by 16.7% compared to the previous year.
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Newest Listings in Shaker Heights, OH
What homes are available in Shaker Heights, OH?
7 hours on Rocket
$6,519 Closing Credit¹
#5106207, Frederick White, Listing Office: HomeSmart Real Estate Momentum LLC
11 hours on Rocket
$3,918 Closing Credit¹
#5106217, Ericka S Bazzo, Listing Office: On Target Realty, Inc.
1 day on Rocket
$3,147 Closing Credit¹
#5105475, Nicole LoPresti, Listing Office: Berkshire Hathaway HomeServices Professional Realty
1 day on Rocket
$1,186 Closing Credit¹
#5105745, Jonathan Minerick, Listing Office: Homecoin.com
2 days on RocketVideo tour
$9,381 Closing Credit¹
#5102004, Katerina Ali Michalopoulos, Listing Office: Century 21 Premiere Properties, Inc.
3 days on Rocket
$3,444 Closing Credit¹
#5103959, Nicole Raichart, Listing Office: HomeSmart Real Estate Momentum LLC
5 days on Rocket
$4,274 Closing Credit¹
#5105037, Jermaine N Brooks, Listing Office: Keller Williams Greater Metropolitan
6 days on RocketBackup offers
$2,730 Closing Credit¹
#5104325, Christopher A Frederick, Listing Office: Coldwell Banker Schmidt Realty
7 days on RocketBackup offers
$2,374 Closing Credit¹
#5103809, Jason G Beard, Listing Office: Keller Williams Greater Metropolitan
7 days on RocketBackup offers
$9,797 Closing Credit¹
#5099934, Jason G Beard, Listing Office: Keller Williams Greater Metropolitan
$830 Closing Credit¹
#5104055, Frida Gudina, Listing Office: VSD Realty, LLC.
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 03/01/2023 - 03/01/2025
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: 3/13/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.