Is Euclid, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Euclid has remained a Seller's Market.
Housing Prices in Euclid, OH
How much do homes in Euclid, OH cost?
Median Sold Price
$130,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Euclid was $130,000 in March 2024, up 2.4% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $63.5K | +15.5% |
2 Bedrooms | $77.4K | $81.3K | +5.0% |
3 Bedrooms | $128K | $135K | +5.5% |
4 Bedrooms | $148.9K | $150K | +0.7% |
5+ Bedrooms | $178.8K | $188K | +5.1% |
Summary: Euclid housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Willoughby Hills | $272.5K | $324K | +18.9% |
Richmond Heights | $199K | $220.9K | +11.0% |
Wickliffe | $165.9K | $181K | +9.1% |
Willowick | $175K | $180K | +2.9% |
Euclid | $127K | $130K | +2.4% |
Housing Supply in Euclid, OH
How many homes are available in Euclid, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
206 | 225 | +9.2% |
Summary: The Euclid real estate market had 225 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 45 | 43 | -4.4% |
3 Bedrooms | 109 | 126 | +15.6% |
4 Bedrooms | 44 | 48 | +9.1% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Euclid housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 59 | +37.2% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Euclid in March 2024, up by 37.2% month-over-month. Of the 59 sold homes, 58% were sold under asking, 10% were sold at asking, and 32% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 55 Days | +20.3% |
Summary: Homes in Euclid had an average of 55 days on market in Mar 2024, up by 20.3% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 59 homes were sold in Euclid; 46% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.