Is Walton Hills, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Walton Hills was a Seller's Market.
Key Takeaway
Walton Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Walton Hills, OH
How much do homes in Walton Hills, OH cost?
Median Sold Price
$279,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Walton Hills have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Walton Hills was $279,000 in May 2024, up 1.5% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $247.2K | +54.5% |
| 3 Bedrooms | $269K | $270.3K | 0.5% |
| 4 Bedrooms | $347.5K | $365K | +5.0% |
| 5+ Bedrooms | $450K | $311.5K | -30.8% |
Summary: Walton Hills 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 54.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 30.8%.
Median Sold Price Compared To Nearby Cities
| Oakwood | $295K | $350K | +18.6% |
| Bedford | $150K | $175K | +16.7% |
| Maple Heights | $110K | $122.9K | +11.8% |
| Walton Hills | $275K | $279K | +1.5% |
Housing Supply in Walton Hills, OH
How many homes are available in Walton Hills, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Walton Hills real estate market had 12 homes for sale in May 2024, a 33.3% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Walton Hills 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walton Hills, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Walton Hills in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Walton Hills, OH
How long does it take to sell a home in Walton Hills, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 16 Days | -41.9% |
Summary: Homes in Walton Hills had an average of 16 days on market in May 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walton Hills are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Walton Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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