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Buckeye Reporter

Thursday, October 31, 2024

Wickliffe home prices fall in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Wickliffe fell by $7,250 while total sales decreased by 1.6%, according to BlockShopper.com.

From January through March of 2020, there were 60 homes sold, with a median sale price of $110,250 - a 6.2% decrease over the $117,500 median sale price for the same period of the previous year. There were 61 homes sold in Wickliffe in the first quarter of 2019.

The median sales tax in Wickliffe for the most recent year with available data, 2015, was $4,018, approximately 3.6% of the median home sale price for the first quarter of 2020.

The following table compares Wickliffe to other Lake County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Painesville17415611.5%$132,000$127,0003.9%
Willoughby74722.8%$127,950$143,400-10.8%
Eastlake635612.5%$124,900$108,10515.5%
Willowick49482.1%$123,000$115,0007%
North Madison2527-7.4%$120,900$129,900-6.9%
Wickliffe6061-1.6%$110,250$117,500-6.2%
Fairport Harbor1018-44.4%$94,750$92,1002.9%
Avenues Mobile Estates24-50%$93,500$80,00016.9%
Grand River3250%$89,500$182,000-50.8%
Lane14-75%$75,000$164,568-54.4%
Shoreland51400%$50,000$28,50075.4%

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