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Sarah Mitchell

CNESRESABR

Compass Real Estate · Willoughby, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Willoughby, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Willoughby, OH Housing Market & Real Estate

Seller's market+13.2% YoY

Housing market overview · Updated monthly ·

$249,000median sale price

How is the Willoughby, OH housing market right now?

The median home sale price in Willoughby, OH is $249,000, up 13.2% year-over-year. Homes sell in an average of 15 days with 51 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Willoughby a buyer's or seller's market?

Seller's market2.6 months of supply15 avg. days on market

Willoughby, OH is currently a seller's market, based on 2.6 months of supply and homes selling in about 15 days. How we determine this →

Homes sold

20

Last 12 weeks

Days on market

15

Fast-moving

Active listings

51

2.6 months supply

Sale-to-list

100.5%

Above asking

What does the Willoughby housing market data show?

Current housing market statistics for Willoughby, OH
MetricValue
Median sale price$249,000
Median list price$259,900
Year-over-year price change+13.2%
Average days on market15 days
Active inventory51 listings
Months of supply2.6 months
Sale-to-list price ratio100.5%
Median price per sq ft$184/sq ft
Homes sold (latest month)20
New listings (latest month)37
Listings with a price cut25.5%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Willoughby by property type?

How the Willoughby, OH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Willoughby, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$250,000$205/sq ft1124 days
Condo / Co-op$248,000$161/sq ft915 days
Townhouse$349,990$179/sq ft3167 days

Source: Redfin · Updated monthly

The Willoughby housing market is currently classified as a seller's market with a median sale price of $249,000. Prices have risen 13.2% compared to last year, with homes spending an average of 15 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.

Homes for sale in Willoughby

There are currently 51 homes listed for sale in Willoughby, Ohio. The median listing price is $260K.

Active listings

51

Homes on market

Median list price

$260K

Avg. days on market

15

Days until sale

New this week

37

Newly listed

Price drops:25.5%of listings
Sale-to-list:100.5%

Who lives in Willoughby?

Population

23,934

Median income

$70,884/yr

Median age

45.5 years

Owner-occupied

62.5%

College grads

35.9%

Avg commute

23.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Willoughby?

Zillow home value

$248,199

Zillow rent index

$1,486/mo

Price-to-rent ratio

13.9x

Price-to-income

3.5x

Source: Zillow Research

What is it like to live in Willoughby?

Willoughby is a community of approximately 24K residents with a median age of 45.5 years.The median household income is $70,884, which represents a working-class community with solid middle-income opportunities. 35.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 62.5%, showing a blend of owner and renter-occupied properties. The average commute time is 23.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Willoughby offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Willoughby?

6 schools tracked · 3,197 students

The largest public schools serving Willoughby, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

South High School

Grades 9-12 · 1,038 students

Public

Grant Elementary School

Grades K-5 · 533 students

Public

Edison Elementary School

Grades K-5 · 527 students

Public

Willoughby Middle School

Grades 6-8 · 516 students

Public

School of Innovation

Grades 3-8 · 446 students

Public

Northern Career Institute

Grades 11-12 · 137 students

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Willoughby, OH?

Want a head-to-head view? Compare Willoughby side-by-side with any other U.S. city using our market-comparison tool.

Is Willoughby a good real estate investment market?

For investors evaluating Willoughby, the price-to-rent ratio of 13.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 13.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Willoughby's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Willoughby's median home price.

Frequently asked questions

What is the average home price in Willoughby?

The median home sale price in Willoughby is $249,000, up 13.2% from last year.

How long do homes stay on market in Willoughby?

Homes typically spend 15 days on market before going under contract.

What is the median income in Willoughby?

The median household income is $70,884 per year.

Is Willoughby a buyer's or seller's market?

With 2.6 months of supply, Willoughby is currently a seller's market.

What is the Zillow home value estimate for Willoughby?

The Zillow Home Value Index (ZHVI) for Willoughby is $248,199, representing the typical home value in the area.

What is the median condo price in Willoughby?

The median condo/co-op sale price in Willoughby, OH is $248,000, compared to $250,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Willoughby?

The median single-family home price in Willoughby, OH is $250,000 (about $205 per square foot).

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