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Market Snapshot

Median listing price
$289K

The median listing price in Lyndhurst, OH ZIP 44124 is $288,900 as of July 2026.

Median rent
$1,800/mo

The median market rent in Lyndhurst, OH ZIP 44124 is $1,800/month as of July 2026.

Days on market
36 days

The median days on market in Lyndhurst, OH ZIP 44124 is 36 days as of July 2026. The market is currently hot.

Gross rental yield
7.48%

At a median list price of $288,900 and a median rent of $1,800/month, the gross rental yield in Lyndhurst, OH ZIP 44124 is 7.48% as of July 2026.

Lyndhurst, OH 44124 Real Estate Market Report

ZIP Code: 44124

Report Date: July 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
188
Active Listings
49
Sold Properties
139

Market Metrics

Median Listing Price
$288,900
Median Sold Price
$263,000
Median Price per Sqft
$170/sqft

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

Median Market Rent
$1,800

Property Taxes

Property Tax Rate
1.89%

Liquidity & Velocity

Median Days on Market
36
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Lyndhurst, OH, are averaging 6.6%, reflecting a stable market environment for property owners compared to earlier 2026 benchmarks.

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 indicator, the median sold price $263,000, confirms realized transaction values and, together with a hot market temperature, supports continued price appreciation (price year-over-year trend: up).
  2. The median listing price $288,900 sits above the median sold price, which may indicate pricing friction between seller expectations and final sale outcomes — sellers should align pricing to recent sold-price realization to avoid extended time on market.
  3. The median days on market 36 suggests relatively brisk turnover and reasonable liquidity given the market is characterized by constrained active supply in the analyzed sample; this appears to support quicker closings for properly priced SFR and condominium listings.
  4. Rising costs are a moderating factor: current 30-year fixed mortgage rates averaging 6.6% and elevated interest rate pressure may temper buyer capacity even as rents and prices trend upward (median market rent $1,800; median price per square foot $170).

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.

Recent Transactions

3323 Bremerton Rd, Pepper Pike, OH 44124
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds5 baths4,762 sqft
$1,675,000
May 1, 2026
$352/sqft
29 Hunting Hollow Dr, Pepper Pike, OH 44124
Premium

Sold above market average

4 beds3 baths5,157 sqft
$1,450,000
Jun 1, 2026
$281/sqft
85 days on market
2560 Snowberry Ln, Pepper Pike, OH 44124
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds2 baths3,730 sqft
$990,000
Jun 1, 2026
$265/sqft
1 days on market
4912 N Sedgewick Rd, Lyndhurst, OH 44124
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,232 sqft
$272,500
May 1, 2026
$221/sqft
1608 Sunview Rd, Lyndhurst, OH 44124
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,224 sqft
$272,000
May 1, 2026
$222/sqft
12 days on market
6620 Vallevista Dr, Mayfield Heights, OH 44124
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,420 sqft
$270,000
Jun 1, 2026
$190/sqft
1367 Churchill Rd, Lyndhurst, OH 44124
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds2 baths1,251 sqft
$215,000
Jun 1, 2026
$172/sqft
1 days on market
1678 Lander Rd, Mayfield Heights, OH 44124
Value

Sold below market average

3 beds1 baths2,108 sqft
$87,000
May 1, 2026
$41/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$27/mo
44124 Avg Rent
44124 Cost to Own
Rent$1,800
Own$1,827

20% down, 6.55% rate, 1.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

44124 Avg nightly rate
44124 Avg occupancy (days/year)
Nightly rate$65/night
Occupancy99 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/19/2026

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