$1,543 Closing Credit*
$129,900
3 Beds
•1 Full Bath
Christopher M Scalese, Listing Office: Platinum Real Estate
Is Willowick, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Willowick has remained a Seller's Market.
Key Takeaway
Willowick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willowick, OH
How much do homes in Willowick, OH cost?
Median Sold Price
$190,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$14,000(+8.0%)
Key Takeaway
Homes in Willowick have sold for 8% more than they did a year ago.
Summary: The median home sold price in Willowick was $190,000 in December 2024, up 8% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54.2K | $66K | +21.7% |
| 2 Bedrooms | $150K | $176K | +17.3% |
| 3 Bedrooms | $176K | $191K | +8.5% |
| 4 Bedrooms | $182K | $195K | +7.1% |
| 5+ Bedrooms | $199.2K | $303.3K | +52.2% |
Summary: Willowick housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.7%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 52.2%.
Median Sold Price Compared To Nearby Cities
| Eastlake | $175K | $199K | +13.7% |
| Willoughby | $238K | $260.2K | +9.3% |
| Wickliffe | $176.5K | $191.9K | +8.8% |
| Willowick | $176K | $190K | +8.0% |
| Euclid | $130K | $137K | +5.4% |
Housing Supply in Willowick, OH
How many homes are available in Willowick, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 65 | 58 | -10.8% |
Summary: The Willowick real estate market had 58 homes for sale in December 2024, a 10.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 48 | 41 | -14.6% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Willowick housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willowick, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Willowick in December 2024, up by 33.3% month-over-month. Of the 20 sold homes, 55% were sold under asking, 10% were sold at asking, and 35% were sold over asking.
Days on Market for Willowick, OH
How long does it take to sell a home in Willowick, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 22 Days | -36.9% |
Summary: Homes in Willowick had an average of 22 days on market in Dec 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Willowick are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in Willowick; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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