Lake County Realtors: A Wickliffe Case Study

Located in the heart of Lake County, Wickliffe, Ohio, is a charming suburban community that blends small-town appeal with modern convenience. Known for its strong sense of community, well-maintained parks, and easy access to major highways, Wickliffe is an ideal place for families, professionals, and retirees seeking a peaceful yet connected lifestyle in Northeast Ohio.

Wickliffe offers a quality of life that’s hard to beat. Whether you want to settle down or find your dream home, this thriving community has something for everyone.

Check out the expert insights from the Lake County realtors on The Katie McNeill Team below to learn more about this enchanting little city!

Exploring Wickliffe in Northeast Ohio

The Gateway to Lake County

Wickliffe, Ohio is a welcoming community that harmoniously blends suburban tranquility with urban accessibility. Situated near Lake Erie, Wickliffe offers residents scenic beauty and a variety of outdoor activities.

Key Points of Interest in Wickliffe

Coulby Park: This expansive park features walking trails, playgrounds, sports facilities, and a pond, making it a favorite destination for families and nature enthusiasts.
Coulby Mansion: Built between 1911 and 1915 by shipping magnate and Wickliffe’s first mayor, Harry Coulby, this historic mansion now serves as City Hall and is listed on the National Register of Historic Places.
Other Local Parks: In addition to Coulby Park, Wickliffe hosts several other parks, including Jindra Park, Nehls Park, Featherston Park, Orlando Park, Levi Lane Park, and Intihar Park, each offering unique recreational opportunities.

Wickliffe’s Demographics

To provide a better understanding of Wickliffe’s lifestyle, here are some demographic highlights:

Population: Approximately 12,652 residents, fostering a close-knit community.
Education: About 26% of residents hold a bachelor’s degree or higher, reflecting a community invested in learning and growth.
Median Household Income: The median household income is around $76,938, indicating a stable economic environment

Quality of Life in Wickliffe

Residents of Wickliffe enjoy a high quality of life thanks to the city’s focus on:

Education: Wickliffe City School District offers comprehensive educational programs, and the presence of private institutions provides additional choices for families.
Recreation: With numerous parks, sports facilities, and proximity to Lake Erie, there’s always an opportunity for outdoor activities.
City Services: Well-maintained infrastructure, reliable utilities, and active community programs contribute to Wickliffe’s appeal as a well-rounded place to call home.

House-Hunting in Wickliffe

Wickliffe Real Estate Market Overview

Wickliffe’s real estate market is characterized by its affordability and range of options, catering to both first-time buyers and seasoned homeowners. Its suburban charm and proximity to Cleveland make it a sought-after area for those looking for a balance of tranquility and urban accessibility.

Housing Options

The Wickliffe housing market offers a variety of properties, including but not limited to:

Single-Family Homes: Charming residences suitable for families of all sizes.
Townhomes: Low-maintenance options ideal for young professionals or retirees.

Market Dynamics

As of November 2024, the real estate market in Wickliffe, Ohio, exhibits the following characteristics:

Median Sale Price: The median home price is approximately $192,000, reflecting a 9.7% increase from the previous year.
Price Range: Home prices typically range from $45,000 to $489,000, depending on factors such as location, size, and property features.
Days on Market: Properties in Wickliffe spend an average of 22 days on the market, indicating a moderately paced market with steady demand.

While Wickliffe’s real estate market is not as competitive as some neighboring cities, its stability offers favorable opportunities for both buyers and sellers.

Neighborhoods

Wickliffe is home to several inviting neighborhoods, each offering its own unique charm and appeal. Whether you’re looking for family-friendly streets, proximity to local amenities, or peaceful retreats, Wickliffe has a variety of options to suit your lifestyle.

Residential Areas: Wickliffe’s residential neighborhoods are known for their quiet streets and well-maintained homes, making them popular among families, retirees, and professionals. Mature tree-lined streets provide a picturesque setting, while homes range from charming mid-century designs to modern builds. These neighborhoods often feature spacious yards and a welcoming atmosphere, fostering a sense of community.
Historic Coulby Area: Located near Coulby Park and Coulby Mansion, this area offers a blend of history and modern convenience. Residents enjoy easy access to the park’s amenities, including walking trails, sports facilities, and picnic areas. Homes in this neighborhood often reflect the timeless charm of early 20th-century architecture, with a mix of newer renovations that cater to contemporary tastes.
Northeast Wickliffe: Situated closer to Lake Erie, this part of Wickliffe offers a slightly more secluded feel while remaining close to shopping and dining. It’s an excellent choice for those seeking a balance of suburban living with easy access to outdoor recreation, including the nearby lakefront.
Community-Focused Areas: Neighborhoods near Wickliffe City Schools and local churches are ideal for families prioritizing education and community involvement. These areas often have active neighborhood associations and host events that bring residents together, enhancing the close-knit vibe of the city.
Affordable Living in Central Wickliffe: Central Wickliffe features homes with a variety of price points, making it an attractive option for first-time homebuyers. This area provides convenient access to the city’s main thoroughfares, local businesses, and essential services, offering both practicality and comfort.
Senior-Friendly Neighborhoods: Wickliffe also boasts several neighborhoods that cater to retirees, with single-story homes, low-maintenance properties, and proximity to healthcare facilities. These areas prioritize accessibility and quiet surroundings, ensuring a relaxing environment for older residents.

Market Competitiveness

Wickliffe’s real estate market is moderately competitive, making it ideal for buyers looking for a mix of affordability and convenience. While bidding wars are less common for Wickliffe properties than in other parts of Lake County, well-priced homes in desirable neighborhoods may receive multiple offers.

Sale-to-List Price: Homes in Wickliffe typically sell for around 97% of their list price, indicating a balanced market where buyers and sellers can negotiate favorable terms.
Homes Sold Above List Price: Approximately 25% of homes sell above their asking price, signaling that high-quality properties in prime locations are in demand.

Partner with Local Experts in Lake County, Ohio

Finding your dream home in Wickliffe has never been easier than with the Katie McNeill Team by your side. Backed by years of experience and unmatched local knowledge, our dedicated realtors simplify the home-buying process, making it enjoyable and stress-free.

Ready to make Wickliffe your home? Reach out to a trusted Katie McNeill real estate agent today and take the first step toward joining this welcoming suburban community! If you are a home owner in Wickliffe, we can help you as well. Use our free Home Appraisal tool to learn what your current home is worth before you put it on the market. Then let’s have a conversation!