Severance Market Report
$618,444
AVERAGE PRICE OF 119 HOMES$500,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,776,273
AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES$584,452
AVERAGE PRICE OF 43 NEWLY BUILT HOMES$503,386
AVERAGE PRICE OF 15 REDUCED PRICE HOMESAverage Home
| Average Price | $618,444 |
| Avg Bedrooms | 3.39 beds |
| Avg Bathrooms | 2.65 baths |
Average Price by Bedrooms
| 3 bedrooms | $502,336 |
| 4 bedrooms | $613,982 |
| 5 bedrooms | $667,075 |
Severance Home Price Trends
| 1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
|---|---|---|---|---|---|
| Total Listings | 124 | 134 | 136 | 146 | 166 |
| Average Price | $618,862 | $625,622 | $623,845 | $617,598 | $609,533 |
| Avg Price Change | -1.09% | +0.28% | +1.01% | +1.32% | +1.88% |
| Median Price | $522,852 | $527,307 | $532,345 | $535,261 | $536,532 |
| Med Price Change | -0.85% | -0.96% | -0.55% | -0.24% | -0.37% |
| Avg Bedrooms | 3.41 beds | 3.42 beds | 3.45 beds | 3.54 beds | 3.46 beds |
| Avg Bathrooms | 2.65 baths | 2.66 baths | 2.71 baths | 2.76 baths | 2.64 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Severance High School | 66 | $601,388 | 108 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 119 | $618,444 | 95 days |
| Distressed Homes | 1 | $500,000 | 12 days |
| Multi-Million Dollar Homes | 11 | $1,776,273 | 71 days |
| Newly Built Homes | 43 | $584,452 | 80 days |
| Reduced Price Homes | 15 | $503,386 | 52 days |
