The Cleveland Park housing market is somewhat competitive. The median sale price of a home in Cleveland Park was $500K last month, up 19.2% since last year. The median sale price per square foot in Cleveland Park is $506, up 2.2% since last year.
What is the housing market like in Cleveland Park today?
In October 2024, Cleveland Park home prices were up 19.2% compared to last year, selling for a median price of $500K. On average, homes in Cleveland Park sell after 34 days on the market compared to 28 days last year. There were 29 homes sold in October this year, up from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$500,000
+19.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cleveland Park, DC
$500,000
+19.2%
United States
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How hot is the Cleveland Park housing market?
Cleveland Park is somewhat competitive. Homes sell in 40 days.
0
100
61
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 40 days.
Hot homes
can sell for about 2% above list price and go pending in around 22 days.
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 Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cleveland Park.
Flood Factor - Major
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cleveland Park has a major risk of flooding. 163 properties in Cleveland Park are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in Cleveland Park. Flood risk is increasing slower than the national average.
29% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cleveland Park has a moderate risk of wildfire. There are 340 properties in Cleveland Park that have some risk of being affected by wildfire over the next 30 years. This represents 29% of all properties in Cleveland Park.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Cleveland Park has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cleveland Park is most at risk from hurricanes. 1,141 properties in Cleveland Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.