$25,000
0.13 Acres
Land
Marty Emerman, Listing Office: Keller Williams Greater Metropolitan
Is Euclid, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Euclid has remained a Seller's Market.
Key Takeaway
Euclid is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Euclid, OH
How much do homes in Euclid, OH cost?
Median Sold Price
$136,666
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,686(+5.1%)
Key Takeaway
Homes in Euclid have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Euclid was $136,666 in November 2024, up 5.1% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $62.7K | -10.4% |
| 2 Bedrooms | $80K | $72.2K | -9.7% |
| 3 Bedrooms | $134.8K | $140.1K | +3.9% |
| 4 Bedrooms | $151.5K | $160K | +5.6% |
| 5+ Bedrooms | $181.3K | $205K | +13.0% |
Summary: Euclid housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Cities
| Wickliffe | $175K | $192K | +9.7% |
| Willowick | $176K | $190K | +8.0% |
| Willoughby Hills | $298.9K | $322K | +7.7% |
| Richmond Heights | $213K | $229K | +7.5% |
| Euclid | $129.9K | $136.6K | +5.1% |
Housing Supply in Euclid, OH
How many homes are available in Euclid, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 210 | 220 | +4.8% |
Summary: The Euclid real estate market had 220 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 34 | 43 | +26.5% |
| 3 Bedrooms | 116 | 120 | +3.4% |
| 4 Bedrooms | 53 | 51 | -3.8% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Euclid housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 49 | +8.9% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Euclid, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Euclid in November 2024, up by 8.9% month-over-month. Of the 49 sold homes, 57% were sold under asking, 16% were sold at asking, and 27% were sold over asking.
Days on Market for Euclid, OH
How long does it take to sell a home in Euclid, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 40 Days | -14.7% |
Summary: Homes in Euclid had an average of 40 days on market in Nov 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Euclid has remained consistent over time.
Summary: During November 2024, 49 homes were sold in Euclid; 43% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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