Strongsville, OH 44136 Real Estate Market Report

ZIP Code: 44136
Report Date: April 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.

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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

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Strongsville, OH, are averaging 6.23% as of late April 2026, reflecting a slight decline from recent market peaks.

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

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Key Findings

1. The primary market indicator, the <b>median sold price: 349,900</b>, shows the most recent transaction-level valuation for Strongsville and should be treated as the definitive signal of realized market value. hot market conditions coexist with this sold-price level, suggesting sellers retain negotiating power despite other headwinds.

2. There is a notable gap between the <b>median listing price: 287,450</b> and the <b>median sold price: 349,900</b>, which may indicate pricing friction or that competitive bidding pushed final sale prices above initial asking levels; this spread suggests seller leverage and that list-to-sale dynamics are currently favoring outcomes above asking in many transactions.

3. Liquidity signals are mixed: the <b>median days on market: 280</b> points to slower sales velocity for listed homes even as the market is characterized as hot. This combination may indicate selective buyer activity—transactions occur but can take longer to complete—so expect moderate transaction timelines rather than immediate turnarounds.

4. Rents and financing context reinforce investment demand: the <b>median market rent: 2,000</b> and a rent year-over-year trend of up support rental demand, while interest rate pressure is moderate and local 30-year fixed rates average <b>6.23%</b>, which may constrain some purchase affordability but has softened slightly from prior peaks.

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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.

Strongsville, OH 44136 Real Estate Market Report

ZIP Code: 44136
Report Date: April 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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Property Taxes

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Liquidity & Velocity

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Strongsville, OH, are averaging 6.23% as of late April 2026, reflecting a slight decline from recent market peaks.

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

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Key Findings

1. The neighborhood's primary market value indicator is the median sold price 206,500, which represents the most reliable evidence of recent transaction pricing and should be the focal point for valuation and offer strategy. representative recent sale

2. Despite a generally hot market, the median days on market 1,514 suggests unusually slower sales velocity for sampled transactions and may indicate pricing friction or idiosyncratic data sampling rather than broad market slowdown; price discovery may require patience. moderate/slow transaction velocity

3. Price trends show a year-over-year direction of down, while rent growth is up; with a median market rent of 2,000, investors should weigh stronger rental demand against slightly softening sale prices when assessing buy-and-hold opportunities.

4. Market temperature is reported as hot and current 30-year fixed mortgage rates are averaging 6.23%, with interest rate pressure characterized as moderate; sellers can still capitalize on demand, but affordability headwinds may constrain some buyer segments.

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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.