Is Streetsboro, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Streetsboro has remained a Seller's Market.
Key Takeaway
Streetsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Streetsboro, OH
How much do homes in Streetsboro, OH cost?
Median Sold Price
$255,300
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Streetsboro have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Streetsboro was $255,300 in May 2024, up 11.5% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162K | $180K | +11.1% |
| 3 Bedrooms | $205K | $240K | +17.1% |
| 4 Bedrooms | $353K | $376.5K | +6.7% |
| 5+ Bedrooms | $443.9K | $407.5K | -8.2% |
Summary: Streetsboro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 8.2%.
Housing Supply in Streetsboro, OH
How many homes are available in Streetsboro, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 | 34 | -20.9% |
Summary: The Streetsboro real estate market had 34 homes for sale in May 2024, a 20.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 27 | 24 | -11.1% |
| 4 Bedrooms | 11 | 6 | -45.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Streetsboro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Streetsboro, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Streetsboro in May 2024, down by 31.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.
Days on Market for Streetsboro, OH
How long does it take to sell a home in Streetsboro, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 14 Days | -63.1% |
Summary: Homes in Streetsboro had an average of 14 days on market in May 2024, down by 63.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Streetsboro are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Streetsboro; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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