Rocky River, OH 44116 Real Estate Market Report

ZIP Code: 44116
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Rocky River real estate market is currently characterized by a median sold price of $395,000, reflecting a stable transaction environment. This price point indicates a healthy market, particularly as it has shown an upward trend, suggesting a positive sentiment among buyers and sellers alike. The median listing price stands at $529,000, which may indicate some pricing friction as sellers adjust expectations to align with actual market conditions.

Transaction activity appears moderate, with median days on market at 330, suggesting slower sales velocity. This extended time frame may reflect a balance in market dynamics, where elevated inventory levels are present relative to sales activity. Despite this, the local economy remains stable, supporting ongoing rental demand with a median market rent of $1,380, which has also shown an upward trend. Overall, the market temperature is assessed as neutral, indicating a balanced state between supply and demand.

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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 Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. $395,000 is the median sold price, indicating a stable market environment.

2. $529,000 as the median listing price suggests potential pricing friction as sellers adjust to market realities.

3. The median days on market of 330 indicates slower sales velocity, reflecting a balanced market dynamic.

4. $1,380 in median market rent shows strong rental demand, supporting the local economy.

5. The market temperature is assessed as neutral, indicating a balanced state between supply and demand.

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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.