$2,611 Closing Credit*
$219,900
1,735 SqFt
3 Beds
•1 Full Bath, 1 Partial
Michael Azzam, Listing Office: RE/MAX Haven Realty
Is Euclid, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$135,571
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,571(+4.3%)
Key Takeaway
Homes in Euclid have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Euclid was $135,571 in October 2024, up 4.3% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $63.5K | -9.3% |
| 2 Bedrooms | $76K | $74K | -2.6% |
| 3 Bedrooms | $135K | $140K | +3.7% |
| 4 Bedrooms | $152K | $160K | +5.3% |
| 5+ Bedrooms | $179.4K | $210.5K | +17.3% |
Summary: Euclid housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 17.3%.
Median Sold Price Compared To Nearby Cities
| Willoughby Hills | $287K | $335K | +16.7% |
| Wickliffe | $172.5K | $194.5K | +12.8% |
| Willowick | $176K | $189.9K | +7.9% |
| Richmond Heights | $212.1K | $225.5K | +6.3% |
| Euclid | $130K | $135.5K | +4.3% |
Housing Supply in Euclid, OH
How many homes are available in Euclid, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 216 | 217 | 0.5% |
Summary: The Euclid real estate market had 217 homes for sale in October 2024, a 0.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 29 | 37 | +27.6% |
| 3 Bedrooms | 130 | 119 | -8.5% |
| 4 Bedrooms | 52 | 54 | +3.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Euclid housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.6%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 44 | -17.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Euclid, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Euclid in October 2024, down by 17.0% month-over-month. Of the 44 sold homes, 50% were sold under asking, 11% were sold at asking, and 39% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 43 Days | +44.2% |
Summary: Homes in Euclid had an average of 43 days on market in Oct 2024, up by 44.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Euclid are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 44 homes were sold in Euclid; 45% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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