Is Strongsville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Strongsville has remained a Seller's Market.
Key Takeaway
Strongsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Strongsville, OH
How much do homes in Strongsville, OH cost?
Median Sold Price
$318,250
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Strongsville have sold for 7% more than they did a year ago.
Summary: The median home sold price in Strongsville was $318,250 in April 2024, up 7% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $223K | $240K | +7.6% |
| 3 Bedrooms | $273K | $285K | +4.4% |
| 4 Bedrooms | $362K | $376K | +3.9% |
| 5+ Bedrooms | $450K | $410K | -8.9% |
Summary: Strongsville 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 7.6%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
| Berea | $196K | $228K | +16.3% |
| Strongsville | $297.4K | $318.2K | +7.0% |
| North Royalton | $279.6K | $295.1K | +5.5% |
| Columbia Station | $425K | $437K | +2.8% |
| Middleburg Heights | $245K | $250K | +2.0% |
Housing Supply in Strongsville, OH
How many homes are available in Strongsville, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 91 | 99 | +8.8% |
Summary: The Strongsville real estate market had 99 homes for sale in April 2024, a 8.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 33 | 33 | 0.0% |
| 4 Bedrooms | 38 | 43 | +13.2% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Strongsville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Strongsville, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Strongsville in April 2024, up by 13.3% month-over-month. Of the 34 sold homes, 44% were sold under asking, 12% were sold at asking, and 44% were sold over asking.
Days on Market for Strongsville, OH
How long does it take to sell a home in Strongsville, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 19 Days | -24.7% |
Summary: Homes in Strongsville had an average of 19 days on market in Apr 2024, down by 24.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Strongsville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 34 homes were sold in Strongsville; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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