Is Euclid, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Euclid is a seller's market

Buyer's
Market

Difference Since September 2021

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.

How much do homes in Euclid, OH cost?

Median Sold Price

$125,000

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$8,694(+7.5%)

Key Takeaway

Homes in Euclid have sold for 7.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $39K$53.4K
+37.1%
2 $64.7K$84.9K
+31.1%
3 $119.9K$127.5K
+6.3%
4 $129K$142K
+10.1%
5+ $150K$166K
+10.7%

Median Sold Price Compared To Nearby Cities

Willowick
+12.9%
Wickliffe
+12.5%
South Euclid
+12.5%
Richmond Heights
+11.7%
Euclid
+7.5%

How many homes are available in Euclid, OH?

Number of Homes For Sale

Aug 2022Sep 2022%
304276-9.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 21
-50.0%
2 5553
-3.6%
3 169152
-10.1%
4 6962
-10.1%
5+ 98
-11.1%

Number of Homes Sold

Aug 2022Sep 2022%
7367-8.2%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Euclid, you may be able to get a good deal. 40.3% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
42 Days33 Days-21.6%

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Euclid are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Euclid, OH

Euclid, OH has 276 homes on the market. The number of listings in Euclid, OH decreased by 9.2% between August 2022 and September 2022. Listings spent 33 days on the market in September 2022, and had a median list price of $125,000 during the same period. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties went up by 37.1%, prices of 2 bedrooms properties went up by 31.1%, prices of 3 bedrooms properties increased by 6.3%, prices of 4 bedrooms properties increased by 10.1%, 5 bedrooms properties became 10.7% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes became 50% less available, volume of 2 bedrooms homes went down by 3.6%, volume of 3 bedrooms homes went down by 10.1%, 4 bedrooms homes became 10.1% less available, number of 5 bedrooms homes decreased by 11.1%. In September 2022 more than 22 listings in Euclid, OH were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 27 were sold below.

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