The Cleveland housing market is very competitive. Homes in Cleveland receive 3 offers on average and sell in around 29 days. The median sale price of a home in Cleveland was $127K last month, up 15.5% since last year. The median sale price per square foot in Cleveland is $91, up 35.8% since last year.
What is the housing market like in Cleveland today?
In October 2024, Cleveland home prices were up 15.5% compared to last year, selling for a median price of $127K. On average, homes in Cleveland sell after 29 days on the market compared to 21 days last year. There were 416 homes sold in October this year, up from 384 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$127,000
+15.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cleveland, OH
$127,000
+15.5%
United States
To compare other locations to the Cleveland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Cleveland's median sale price is 71% lower than the national average. Overall cost of living in Cleveland is 9% lower than the national average. Learn which home features in Cleveland add value to a home.
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How hot is the Cleveland housing market?
Cleveland is very competitive. Homes sell in 29 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 29 days.
Hot homes
can sell for about 4% above list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Cleveland
Explore recent offers and recently sold homes in Cleveland
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cleveland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cleveland.
Flood Factor - Major
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cleveland has a major risk of flooding. 10,560 properties in Cleveland are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Cleveland. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cleveland has a moderate risk of wildfire. There are 105 properties in Cleveland that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Cleveland.