Is Wickliffe, 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, Wickliffe has remained a Seller's Market.
Housing Prices in Wickliffe, OH
How much do homes in Wickliffe, OH cost?
Median Sold Price
$182,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wickliffe was $182,000 in April 2024, up 8% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $75K | $136K | +81.3% |
3 Bedrooms | $172K | $182K | +5.8% |
4 Bedrooms | $183.2K | $195K | +6.4% |
5+ Bedrooms | $207.5K | $255K | +22.9% |
Summary: Wickliffe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 81.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 22.9%.
Median Sold Price Compared To Nearby Cities
Willoughby Hills | $267K | $326.2K | +22.2% |
Wickliffe | $168.5K | $182K | +8.0% |
Willowick | $175K | $180K | +2.9% |
Willoughby | $245K | $239.5K | -2.2% |
Housing Supply in Wickliffe, OH
How many homes are available in Wickliffe, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 47 | +30.6% |
Summary: The Wickliffe real estate market had 47 homes for sale in April 2024, a 30.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Wickliffe 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 increased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 18 | +63.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Wickliffe in April 2024, up by 63.6% month-over-month. Of the 18 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 18 Days | -60.8% |
Summary: Homes in Wickliffe had an average of 18 days on market in Apr 2024, down by 60.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Wickliffe; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.