Wickliffe's real estate market is experiencing a price correction, with values down 5.9% from last year. Home prices have increased 3.9% in the past month alone. At the current pace, all available homes in Wickliffe would sell out in just 1.5 months, indicating a continued supply shortage. Homes are now taking an average of 44 days to sell, significantly longer than the 12 days typical for this market. A significant 26.1% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 40.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Wickliffe market with the affordability index at 71.6. Based on current market indicators, home prices in Wickliffe are projected to increase by approximately 3.0% over the next month.