$1,781 Closing Credit*
$150,000
1,064 SqFt
3 Beds
•2 Full Baths
Rebecca Foy, Listing Office: Real Brokerage Technologies, Inc.
Is Wickliffe, 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, 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
$194,500
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,000(+12.8%)
Key Takeaway
Homes in Wickliffe have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Wickliffe was $194,500 in October 2024, up 12.8% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $89.9K | $157K | +74.6% |
| 3 Bedrooms | $175K | $191.5K | +9.4% |
| 4 Bedrooms | $194.9K | $204K | +4.7% |
| 5+ Bedrooms | $272.9K | $255K | -6.6% |
Summary: Wickliffe housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 74.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 6.6%.
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% |
| Willoughby | $238.6K | $257K | +7.7% |
Housing Supply in Wickliffe, OH
How many homes are available in Wickliffe, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 63 | -6.0% |
Summary: The Wickliffe real estate market had 63 homes for sale in October 2024, a 6.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 45 | 45 | 0.0% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wickliffe housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wickliffe, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Wickliffe in October 2024, down by 13.0% month-over-month. Of the 20 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 42 Days | +17.0% |
Summary: Homes in Wickliffe had an average of 42 days on market in Oct 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 20 homes were sold in Wickliffe; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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