Cleveland - OH housing market

The typical home value ($254,473) 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 3.9% over the past year. In Cleveland - OH, that means a home worth $244,921 last year is now worth roughly $254,473.

The median sale price, what homes actually close for, is $232,158. Homes are selling at 100.1% of list price, meaning buyers are typically paying at or above asking.

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 22.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,796 new listings hit the market each month in Cleveland - OH. There are currently 6,454 homes for sale, up 13.2% from a year ago.

The typical monthly rent in Cleveland - OH is $1,476, up 4.5% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.4x, buying territory (#160 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,308 a month in principal and interest, $168 less than renting before taxes, insurance and upkeep. The two break even at a 7.87% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →