Broadview Heights, OH 44147 Real Estate Market Report

ZIP Code: 44147
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. $385,000 median sold price signals realized market value and should be the primary anchor for valuation conversations; sellers pricing well above this level may face pricing friction.

2. $519,000 median listing price reveals a gap versus sold transactions that may indicate optimistic asking strategies or a need for stronger marketing to justify premiums.

3. 282 days median days on market indicates slower sales velocity despite a hot market label, so pricing and condition will be critical to avoid protracted listings.

4. $192.69856160100062 median price per square foot provides a precise unit benchmark for comps and should be referenced when calibrating list price to condition and features.

5. $1,350 median market rent and up rent trends support investment demand for leased assets, but moderate interest rate pressure suggests buyers may remain selective on financing costs.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.