The Cleveland Area housing market is very competitive. The median sale price of a home in Cleveland Area was $146K last month, up 10.2% since last year. The median sale price per square foot in Cleveland Area is $138, up 35.8% since last year.
What is the housing market like in Cleveland Area today?
In May 2025, Cleveland Area home prices were up 10.2% compared to last year, selling for a median price of $146K. On average, homes in Cleveland Area sell after 10 days on the market compared to 18 days last year. There were 9 homes sold in May this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$146,000
+10.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Cleveland Area, IA
$146,000
+10.2%
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 16 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 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 16 days.
Hot homes
can sell for around list price and go pending in around 4 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.4%
-0.96 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
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
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Cleveland Area has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information