Walton Hills Housing Market Report December 2024•Cuyahoga County, Ohio

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Housing Prices in Walton Hills, OH

How much do homes in Walton Hills, OH cost?

Housing Market Conditions

Is Walton Hills, 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

Walton Hills is a Seller's Market

Difference Since November 2024

Last month, Walton Hills was a Neutral Market.

Insight

Walton Hills 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.
$305,000$146/SqFt
+$70,000
+29.8%

Based on all homes sold in December 2024

Insight

Homes in Walton Hills have sold for 29.8% more than they did a month ago.

Summary: The median home sold price in Walton Hills was $305,000 in December 2024, up 29.8% from last month, and the median price per square foot was $146.

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.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2--
N/A
3$235K$305K
+29.8%
4-$362.5K
N/A
5--
N/A

Summary: Walton Hills housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +29.8%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Walton Hills, OH

How many homes are available in Walton Hills, 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
6Last MonthDec 2024
62 months agoNov 2024
0.0 %
Change MoMNov – Dec

Summary: The Walton Hills real estate market had 6 homes for sale in Dec 2024, the same as Nov 2024

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
3Last MonthDec 2024
12 months agoNov 2024
+200.0 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
100
0.0%
200
0.0%
343
-25.0%
423
+50.0%
500
0.0%

Summary: Walton Hills housing inventory by bedroom type for December 2024, 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 increased by +50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Walton Hills, 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 Price0 Home

At Asking Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Walton Hills, 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 Walton Hills in December 2024, up by 200.0% 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 Walton Hills, OH

How long does it take to sell a home in Walton Hills, OH?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Walton Hills has remained consistent over time.

Summary: During December 2024, 3 homes were sold in Walton Hills; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.
Last Month1 month agoChange MoM
41 DaysLast MonthDec 2024
62 Days1 month agoNov 2024
-33.9 %
Change MoMNov – Dec

Summary: Homes in Walton Hills had an average listing age of 41 days in Dec 2024, down by 33.9% compared to the previous month.

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Newest Listings in Walton Hills, OH

What homes are available in Walton Hills, OH?

New listings aren’t available for Walton Hills, OH

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