The Cleveland Area housing market is very competitive. The median sale price of a home in Cleveland Area was $164K last month, up 9.5% since last year. The median sale price per square foot in Cleveland Area is $111, up 22.0% since last year.
What is the housing market like in Cleveland Area today?
In October 2024, Cleveland Area home prices were up 9.5% compared to last year, selling for a median price of $164K. On average, homes in Cleveland Area sell after 6 days on the market compared to 5 days last year. There were 6 homes sold in October this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$163,750
+9.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cleveland Area, IA
$163,750
+9.5%
United States
To compare other locations to the Cleveland Area and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cedar Rapids add value to a home.
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How hot is the Cleveland Area housing market?
Cleveland Area is very competitive. Homes sell in 10 days.
0
100
83
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 9 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 10 days.
Hot homes
can sell for around list price and go pending in around 4 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 Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cleveland Area.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cleveland Area has a minor risk of flooding. 47 properties in Cleveland Area are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Cleveland Area. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cleveland Area has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cleveland Area is most at risk from tornadoes. 970 properties in Cleveland Area have some risk of being in a severe wind event within the next 30 years.