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Foreclosures in Willoughby, OH

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Willoughby, OH Foreclosures

How much do homes sell for in Willoughby, OH?
The average home price is currently $298,840.
In Willoughby, OH, how many homes are available?
There are currently 1 active home listings available in Willoughby.
What’s the average rental cost in Willoughby, OH?
The average rental price in Willoughby is $1,447.
What is the most expensive home in Willoughby?
The most expensive home sold in Willoughby had a price of $14,504,139.
What is currently the cheapest priced home in Willoughby, OH?
The cheapest home for sale in Willoughby is priced at $16,490.

Living in Willoughby, OH

Willoughby, Ohio, is a picturesque city known for its warm community spirit and vibrant downtown district. With ample parks, excellent schools, and easy access to nearby Cleveland, it offers a perfect blend of suburban comfort and urban convenience. Residents enjoy a wide variety of recreational activities, making it an ideal place for families and individuals alike.

Current Market Conditions in Willoughby, OH

The real estate market in Willoughby has been showing positive growth trends, characterized by a steady increase in home values and a competitive inventory. The demand for single-family homes remains strong, driven by families seeking high-quality schools and a suburban lifestyle near Cleveland.

There has been a noticeable rise in interest from buyers looking to invest in the area, particularly in residential properties. As more people discover the charm of Willoughby, the market is expected to maintain its upward trajectory, supported by ongoing developments and community improvements.

Home Value Estimator For Willoughby, OH

There are currently 9,143 real estate properties in Willoughby, OH, with a median automated valuation model (AVM) price of $243,173.00. 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, 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, OH, is $298,840.00, with the most expensive house in Willoughby, OH, topping out at $14,504,139.00 and the cheapest home in Willoughby, OH, clocking in at $16,490.00. In other words, there’s something for every potential homebuyer or savvy investor in Willoughby, OH!

Rent Prices In Willoughby, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Willoughby, OH, is on a rollercoaster ride. The average rent price in Willoughby, OH, is $1,447.00. Indeed, when looking to rent in Willoughby, OH, you can expect to pay as little as $580.00 or as much as $2,930.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Willoughby, 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.

Willoughby, OH Foreclosures

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