Is Brunswick, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brunswick is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Brunswick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brunswick, OH

How much do homes in Brunswick, OH cost?

Median Sold Price

$305,321

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,321(+13.5%)

Key Takeaway

Homes in Brunswick have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Brunswick was $305,321 in April 2024, up 13.5% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $75K-
N/A
2 $180K$195.5K
+8.6%
3 $257.9K$279.9K
+8.5%
4 $334.9K$360K
+7.5%
5+ $534.5K$414K
-22.5%

Summary: Brunswick housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 22.5%.

Median Sold Price Compared To Nearby Cities

Brunswick
+13.5%
Brunswick Hills Township
+12.5%
Hinckley Township
+10.8%
Hinckley
+10.8%
Strongsville
+7.0%

Housing Supply in Brunswick, OH

How many homes are available in Brunswick, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
9496+2.1%

Summary: The Brunswick real estate market had 96 homes for sale in April 2024, a 2.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1819
+5.6%
3 4246
+9.5%
4 3128
-9.7%
5+ 32
-33.3%

Summary: The Brunswick housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3537+5.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brunswick, you could pay more than the asking price. 62.2% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in Brunswick in April 2024, up by 5.7% month-over-month. Of the 37 sold homes, 32% were sold under asking, 5% were sold at asking, and 62% were sold over asking.

Days on Market for Brunswick, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days19 Days-1.6%

Summary: Homes in Brunswick had an average of 19 days on market in Apr 2024, down by 1.6% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 37 homes were sold in Brunswick; 76% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Brunswick, OH

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What housing markets are near Brunswick, OH?