Cleveland, OH Home Values & Market Trends
Real estate market trends reflect that there have been 9,000 transactions over the past year in Cleveland. The median value for residential home transactions that occurred over the previous year is $169,149. The number of current listings in Cleveland is 133, and the percentage of properties for sale in the city is 133.00%. Cleveland, OH currently has 802 properties in foreclosure, 48 bank owned properties, 245 properties headed for auction, and 133 properties for sale.
Cleveland, OH Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 44121 | $ 163,000 $ 118/sqft | 44144 | $ 171,300 $ 123/sqft |
| 44124 | $ 338,287 $ 163/sqft | 44129 | $ 207,477 $ 152/sqft |
| 44111 | $ 214,900 $ 137/sqft | 44108 | $ 264,900 $ 113/sqft |
| 44118 | $ 273,100 $ 132/sqft | 44126 | $ 333,915 $ 213/sqft |
| 44102 | $ 299,900 $ 145/sqft | 44110 | $ 77,497 $ 63/sqft |
| 44113 | $ 354,950 $ 240/sqft | 44105 | $ 59,900 $ 52/sqft |
| 44143 | $ 311,111 $ 154/sqft | 44119 | $ 121,176 $ 80/sqft |
| 44135 | $ 177,706 $ 161/sqft | 44112 | $ 90,080 $ 50/sqft |
| 44120 | $ 131,304 $ 89/sqft | 44128 | $ 131,450 $ 101/sqft |
| 44106 | $ 504,169 $ 171/sqft | 44103 | $ 40,210 $ 19/sqft |
| 44125 | $ 152,008 $ 122/sqft | 44115 | $ 186,950 $ 205/sqft |
| 44109 | $ 131,148 $ 114/sqft | 44127 | $ 51,560 $ 39/sqft |
| 44134 | $ 203,504 $ 151/sqft | 44104 | $ 387,250 $ 208/sqft |
| 44130 | $ 222,080 $ 142/sqft | 44114 | $ -- $ -- |
Housing Market Summary for Cleveland, OH
| Dec 2023 | November 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $109K | $164.9K | 51.33% |
| Median Sold Price | $93,091.083 | $102.8K | 10.47% |
| Homes For Sale | 222 | 166 | -25.23% |
| Homes Sold | 4,484 | 4,887 | 8.99% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cleveland, OH
Browse Homes in Cleveland, OH
Cleveland home values range from $17,541 to $2,257,065. The median estimated value of a home in Cleveland is $169,149. The median list price of a home is 175,000, and the total count of properties in the city is 6,503.
- Pre-ForeclosurePre-foreclosure homes account for 7.83% of all residential properties in Cleveland, OH with 44128 containing 86 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 28 zips within Cleveland, OH; of those zips, the estimated home value for pre-foreclosure homes ranges from $413,120 in 44126 to the lowest home value of $22,938 in 44108.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cleveland, OH ranges from the highest value of $240,318 in 44134 to the lowest value of $26,500 in 44127. Bank owned homes and properties account for 0.74% of properties in Cleveland, OH. There are 28 zips within Cleveland, OH; 44128 containing 11 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions44108 has 43 auction properties, the highest number of properties going to auction in a single zip in the state of Cleveland, OH. Auction homes and other auction properties account for 3.77% of all properties in Cleveland, OH. There are 28 zips within Cleveland, OH; of those zips, the median estimated home value for homes going to auction ranges from $167,427 in 44130 to the lowest value of $23,574 in 44130.
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