Willoughby Hills, OH Foreclosures
How much do homes sell for in Willoughby Hills, OH?
The average home price is currently $415,572.
In Willoughby Hills, OH, how many homes are available?
There are currently 14 active home listings available in Willoughby Hills.
What’s the average rental cost in Willoughby Hills, OH?
The average rental price in Willoughby Hills is $1,762.
What is the most expensive home in Willoughby Hills?
The most expensive home sold in Willoughby Hills had a price of $19,229,404.
What is currently the cheapest priced home in Willoughby Hills, OH?
The cheapest home for sale in Willoughby Hills is priced at $22,605.
Living in Willoughby Hills, OH
Willoughby Hills, OH is a serene suburban community that offers a perfect mix of tranquility and accessibility. With its natural beauty, excellent schools, and welcoming neighborhoods, it provides a family-friendly atmosphere just a short drive from Cleveland. The area is rich in recreational opportunities and amenities that make it an attractive place for both families and professionals.
Current Market Conditions in Willoughby Hills, OH
The real estate market in Willoughby Hills has shown steady growth over the past year, characterized by a modest increase in home prices and a consistent demand for properties. The community's appeal due to its suburban charm and proximity to Cleveland means that homes are priced reasonably compared to similar areas, making it an attractive investment for buyers. Newly constructed homes, along with well-maintained older properties, are highly sought after, contributing to a competitive market.
Sales activity in the area remains robust, with a number of homes receiving multiple offers, particularly in desirable neighborhoods. The trend suggests a healthy balance between supply and demand, which is crucial for the sustained growth of property values in the area. Buyers are drawn to the quality of life, local amenities, and the strong educational system in Willoughby Hills.
Home Value Estimator For Willoughby Hills, OH
There are currently 2,716 real estate properties
in Willoughby Hills, OH,
with a median automated valuation model (AVM) price
of $349,897.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Willoughby Hills, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Willoughby Hills, OH,
is $415,572.00, with the most expensive house
in Willoughby Hills, OH, topping out
at $19,229,404.00 and the cheapest home
in Willoughby Hills, OH,
clocking in at $22,605.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Willoughby Hills, OH!
Rent Prices
In Willoughby Hills, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Willoughby Hills, OH, is on
a rollercoaster ride. The
average rent price in Willoughby Hills, OH,
is $1,762.00. Indeed, when looking to rent in
Willoughby Hills, OH, you can expect to pay as little
as $670.00 or as much
as $2,540.00,
with the average rent median estimated to
be $1,700.00. The good news is that finding
an affordable and desirable property to rent in Willoughby Hills, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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