Broadview Heights, OH 44147 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market signal is the median sold price of 384,500, which represents the most reliable indicator of recent transaction-level value and should be prioritized over asking prices when setting comps and offers.
2. There is a meaningful spread between median listing price of 412,450 and the median sold price, which may indicate pricing friction or seller optimism relative to completed transactions; sellers should consider aligning expectations with recent sales to improve sale certainty.
3. Market velocity appears mixed: the median days on market of 326 signals slower sales duration for transactions in the analyzed sample, while broader context shows the market temperature is hot and the price year-over-year trend is up, suggesting steady demand despite longer individual listing times.
4. Financing and cost-of-capital carry a cautionary note: interest rate pressure is moderate, and Current 30-year fixed mortgage rates in Broadview Heights, OH, are approximately 6.69%, which is 0.6% higher than the 6.09% market lows earlier in 2026; this may temper some buyer urgency and should be accounted for in pricing and buyer qualification strategies.

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.