Cleveland - OH housing market
The Cleveland metro has a typical home value of $248,141, up 4.4% from a year ago. Homes are moving fast at 8 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($248,141) is the Zillow Home Value Index for the Cleveland - OH metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 4.4% over the past year. In Cleveland - OH, that means a home worth $237,683 last year is now worth roughly $248,141.
The median sale price , what homes actually close for , is $220,288. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.
Homes listed in Cleveland - OH sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.
About 19.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 2,077 new listings hit the market each month in Cleveland - OH. There are currently 4,808 homes for sale, up 6.9% from a year ago.
The typical monthly rent in Cleveland - OH is $1,441, up 4.3% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in OH
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Cincinnati - OH | $308,063 | +2.6% | 8.0d |
| Columbus - OH | $329,878 | +1.2% | 9.0d |
| Akron - OH | $237,677 | +4.1% | 9.0d |
| Toledo - OH | $199,124 | +2.5% | 9.0d |
| Youngstown - OH | $172,767 | +5.8% | 17.0d |
| Canton - OH | $214,195 | +4.7% | 10.0d |