$5,343 Closing Credit*
$449,900
4,657 SqFt
4 Beds
•3 Full Baths, 1 Partial
Ashley N Cook, Listing Office: McDowell Homes Real Estate Services
Is Wickliffe, 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, Wickliffe has remained a Seller's Market.
Key Takeaway
Wickliffe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wickliffe, OH
How much do homes in Wickliffe, OH cost?
Median Sold Price
$192,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,000(+9.7%)
Key Takeaway
Homes in Wickliffe have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Wickliffe was $192,000 in November 2024, up 9.7% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $89.9K | $135K | +50.2% |
| 3 Bedrooms | $176K | $191.9K | +9.0% |
| 4 Bedrooms | $180K | $204K | +13.3% |
| 5+ Bedrooms | $240K | $265K | +10.4% |
Summary: Wickliffe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50.2%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Cities
| Wickliffe | $175K | $192K | +9.7% |
| Willoughby | $237.6K | $260K | +9.4% |
| Willowick | $176K | $190K | +8.0% |
| Willoughby Hills | $298.9K | $322K | +7.7% |
Housing Supply in Wickliffe, OH
How many homes are available in Wickliffe, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 65 | -1.5% |
Summary: The Wickliffe real estate market had 65 homes for sale in November 2024, a 1.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 47 | 45 | -4.3% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Wickliffe housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wickliffe, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Wickliffe in November 2024, down by 9.5% month-over-month. Of the 19 sold homes, 42% were sold under asking, 11% were sold at asking, and 47% were sold over asking.
Days on Market for Wickliffe, OH
How long does it take to sell a home in Wickliffe, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 22 Days | -12.2% |
Summary: Homes in Wickliffe had an average of 22 days on market in Nov 2024, down by 12.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wickliffe are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Wickliffe; 63% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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