The housing market in North Olmsted continues to see strong price appreciation, with values up 13.0% compared to last year. Home prices have increased 5.1% in the past month alone. At the current pace, all available homes in North Olmsted would sell out in just 0.9 months, indicating a continued supply shortage. Homes are taking about 21 days to sell, which is -3 days longer than this time last year. A significant 34.5% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 25.8% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the North Olmsted market with the affordability index at 39.7. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.