Is Euclid, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$133,520
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Euclid was $133,520 in April 2024, up 3% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $63.5K | +15.5% |
2 Bedrooms | $75K | $80.6K | +7.5% |
3 Bedrooms | $130K | $137K | +5.4% |
4 Bedrooms | $150K | $149K | -0.7% |
5+ Bedrooms | $181K | $192.7K | +6.5% |
Summary: Euclid housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
Willoughby Hills | $267K | $326.2K | +22.2% |
Wickliffe | $168.5K | $182K | +8.0% |
Richmond Heights | $204.5K | $219.5K | +7.3% |
Euclid | $129.6K | $133.5K | +3.0% |
Willowick | $175K | $180K | +2.9% |
Housing Supply in Euclid, OH
How many homes are available in Euclid, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
223 | 198 | -11.2% |
Summary: The Euclid real estate market had 198 homes for sale in April 2024, a 11.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 45 | 40 | -11.1% |
3 Bedrooms | 125 | 112 | -10.4% |
4 Bedrooms | 46 | 40 | -13.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Euclid housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 59 | -6.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Euclid in April 2024, down by 6.3% month-over-month. Of the 59 sold homes, 42% were sold under asking, 12% were sold at asking, and 46% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 48 Days | -18.3% |
Summary: Homes in Euclid had an average of 48 days on market in Apr 2024, down by 18.3% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 59 homes were sold in Euclid; 44% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.