Cleveland Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $89,900
    3% ( $2,901 ) vs Sep 2016
  • Median Sales Price
    $68,000
    4% ( $2,500 ) vs Sep 2016
  • Median Foreclosure Sales Price
    $27,000
    18% ( $4,100 ) vs Sep 2016
  • Foreclosures 6,029
    Homes for Sale 2,665
    Recently Sold 7,507

Market Summary

There are currently 6,029 properties in Cleveland, OH that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 2,665.

In October, the number of properties that received a foreclosure filing in Cleveland, OH was 18% lower than the previous month and 2% higher than the same time last year.

Home sales for September 2017 were down 14% compared with the previous month, and up 47% compared with a year ago. The median sales price of a non-distressed home was $68,000. The median sales price of a foreclosure home was $27,000, or 60% lower than non-distressed home sales.

Sales Prices - Cleveland, OH




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$27,000 (Median Foreclosure Sales Price) $22,900 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $20,530 (Median Foreclosure Sales Price) $22,550 (Median Foreclosure Sales Price) $68,000 (Median Sales Price) $65,500 (Median Sales Price) $64,000 (Median Sales Price) $63,000 (Median Sales Price) $60,500 (Median Sales Price) $59,900 (Median Sales Price) $27,000 (Median Foreclosure Sales Price) $22,900 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $20,530 (Median Foreclosure Sales Price) $22,550 (Median Foreclosure Sales Price) $68,000 (Median Sales Price) $65,500 (Median Sales Price) $64,000 (Median Sales Price) $63,000 (Median Sales Price) $60,500 (Median Sales Price) $59,900 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Euclid
30
6.3
% (y-o-y)
$49,000
24.6
% (y-o-y)
29.2%
56.2
% (y-o-y)
Lakewood
26
4.0
% (y-o-y)
$155,000
6.2
% (y-o-y)
Data not available
Maple Heights
24
31.4
% (y-o-y)
$36,750
8.4
% (y-o-y)
Data not available
Beachwood
19
5.6
% (y-o-y)
$164,500
28.2
% (y-o-y)
Data not available
Strongsville
15
15.4
% (y-o-y)
$197,000
2.7
% (y-o-y)
Data not available
Bedford
13
62.5
% (y-o-y)
$89,900
22.3
% (y-o-y)
Data not available
Brook Park
13
62.5
% (y-o-y)
$118,500
0.4
% (y-o-y)
Data not available
Berea
12
71.4
% (y-o-y)
$115,000
4.1
% (y-o-y)
Data not available
Bay Village
10
42.9
% (y-o-y)
$210,000
4.0
% (y-o-y)
Data not available
North Olmsted
9
40.0
% (y-o-y)
$152,000
8.2
% (y-o-y)
Data not available

Local Info For Cleveland

Population:
409,221
Cost of Living Index: 96.40
Crime Index: 462.71     Rating: F View crime details
Schools: 214    Average School Rating: D+ View individual school rating
Household Median Income: $27,349
Unemployment: 8.30%
Percentage of vacant homes: 21.29%

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