Cleveland Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $86,999
    3% ( $2,901 ) vs Aug 2016
  • Median Sales Price
    $65,500
    2% ( $1,500 ) vs Aug 2016
  • Median Foreclosure Sales Price
    $22,900
    0% ( $0 ) vs Aug 2016
  • Foreclosures 5,662
    Homes for Sale 3,031
    Recently Sold 2,609

Market Summary

There are currently 5,662 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 3,031.

In September, the number of properties that received a foreclosure filing in Cleveland, OH was 29% lower than the previous month and 32% higher than the same time last year.

Home sales for August 2017 were up 10% compared with the previous month, and down 4% compared with a year ago. The median sales price of a non-distressed home was $65,500. The median sales price of a foreclosure home was $22,900, or 65% lower than non-distressed home sales.

Sales Prices - Cleveland, OH




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$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) $27,027 (Median Foreclosure 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) $59,950 (Median 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) $27,027 (Median Foreclosure 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) $59,950 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Lakewood
30
50.0
% (y-o-y)
$155,000
3.7
% (y-o-y)
Data not available
Maple Heights
22
45.0
% (y-o-y)
$41,000
2.5
% (y-o-y)
Data not available
Euclid
22
58.5
% (y-o-y)
$50,000
26.5
% (y-o-y)
Data not available
Bedford
21
27.6
% (y-o-y)
$89,900
20.7
% (y-o-y)
Data not available
North Olmsted
20
45.9
% (y-o-y)
$145,300
0.2
% (y-o-y)
Data not available
Beachwood
18
45.5
% (y-o-y)
$192,000
15.0
% (y-o-y)
Data not available
Brook Park
15
28.6
% (y-o-y)
$113,000
5.0
% (y-o-y)
Data not available
Strongsville
15
70.6
% (y-o-y)
$186,950
12.6
% (y-o-y)
Data not available
Berea
12
45.5
% (y-o-y)
$109,000
9.9
% (y-o-y)
Data not available
Westlake
10
37.5
% (y-o-y)
$305,000
64.6
% (y-o-y)
Data not available

Local Info For Cleveland

Population:
409,221
Cost of Living Index: 96.40
Crime Index: 75.37     Rating: B 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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