The Cleveland Area housing market is very competitive. The median sale price of a home in Cleveland Area was $155K last month, up 64.9% since last year. The median sale price per square foot in Cleveland Area is $54, down 38.3% since last year.
What is the housing market like in Cleveland Area today?
In March 2024, Cleveland Area home prices were up 64.9% compared to last year, selling for a median price of $155K. On average, homes in Cleveland Area sell after 10 days on the market compared to 44 days last year. There were 3 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$155,000
+64.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cleveland Area, IA
$155,000
+64.9%
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cleveland Area housing market?
Cleveland Area is very competitive. Homes sell in 5 days.
0
100
87
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 5 days.
Hot homes
can sell for about 2% above list price and go pending in around 2 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.8%
+7.1 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cleveland Area, IA
101.8%
+7.1 pt
United States
Home offer insights for Cleveland Area
Explore recent offers and recently sold homes in Cleveland Area
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.
Risk Factor
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. 50 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.
Cleveland Area has minimal risk of severe winds over the next 30 years
Wind Factor
Cleveland Area has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.