Willoughby Hills Home Prices & Values

$199,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -1.4% 1-year change
  • -0.1% 1-year forecast

The median home value in Willoughby Hills is $199,200. Willoughby Hills home values have declined -1.4% over the past year and Zillow predicts they will fall -0.1% within the next year. The median list price per square foot in Willoughby Hills is $109, which is higher than the Cleveland Metro average of $88. The median price of homes currently listed in Willoughby Hills is $179,900 while the median price of homes that sold is $153,000. The median rent price in Willoughby Hills is $970, which is higher than the Cleveland Metro median of $865.

Foreclosures will be a factor impacting home values in the next several years. In Willoughby Hills 8.8 homes are foreclosed (per 10,000). This is greater than the Cleveland Metro value of 7.5 and also greater than the national value of 4.8

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Relative ZHVI
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Willoughby Hills Market Overview

Data through May 31, 2014
  • $199,200 ZHVI
  • -0.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $179,900 Median listing price
  • No recent data Median sale price
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Willoughby Hills Market Health

Data through May 31, 2014
  • 1.3/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

8.8 homes Willoughby Hills
7.5 homes Cleveland Metro
4.8 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Gates Mills $453,300 Highland Heights $217,800 Mayfield $206,900
Willoughby $119,300 Mayfield Heights $119,200 Richmond Heights $117,100
Eastlake $106,900 Wickliffe $101,500 Willowick $99,800

Listings & Sales

Data through May 31, 2014
  • $109 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 32.4% Listings with price cut
27.7%
Sold below listing
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Willoughby Hills Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,450 Willoughby Hills
$1,128 Cleveland Metro
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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