Cleveland OH Real Estate Market Trends & Home Values

Cleveland

Cleveland, OH Home Values & Market Trends

Real estate market trends reflect that there have been 8,041 transactions over the past year in Cleveland. The median value for residential home transactions that occurred over the previous year is $103,791.61. The number of current listings in Cleveland is 214, and the percentage of properties for sale in the city is 214.00%. Cleveland, OH currently has 635 properties in foreclosure, 79 bank owned properties, 360 properties headed for auction, and 214 properties for sale.

Cleveland, OH Real Estate Market Overview

Zip	Median Est. Value	Zip	Median Est. Value
44108	$ 51,471 $ 21/sqft	44130	$ 217,000 $ 131/sqft
44112	$ 67,434 $ 28/sqft	44121	$ 160,200 $ 108/sqft
44111	$ 143,254 $ 100/sqft	44103	$ 38,990 $ 16/sqft
44120	$ 67,905 $ 32/sqft	44134	$ 172,252 $ 118/sqft
44110	$ 63,220 $ 30/sqft	44128	$ 90,000 $ 52/sqft
44102	$ 100,900 $ 49/sqft	44135	$ 148,683 $ 145/sqft
44105	$ 57,870 $ 30/sqft	44129	$ 189,900 $ 109/sqft
44109	$ 122,550 $ 62/sqft	44106	$ 59,090 $ 26/sqft
44118	$ 171,700 $ 71/sqft	44113	$ 224,300 $ 127/sqft
44104	$ 50,430 $ 25/sqft	44144	$ 160,847 $ 134/sqft

Housing Market Summary for Cleveland, OH

	Oct 2022	September 2023	Change
Median Listing Price	$99,328.429	$92,227.61	-7.15%
Median Sold Price	$104.5K	$92,227.61	-11.71%
Homes For Sale	957	296	-69.07%
Homes Sold	4,957	4,216	-14.95%

Price

$/Sqft

Homes For Sale

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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%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Cleveland, OH

Recently Sold

$400,280

Sold Price

2 beds

3 baths

1,488 sqft

740 sqft lot

1971 W 47th St, Cleveland, OH 44102

Recently Sold

$654,607

Sold Price

3 beds

3 baths

2,058 sqft

2,344 sqft lot

5509 Herman Ave, Cleveland, OH 44102

Recently Sold

$387,081

Sold Price

3 beds

3 baths

2,116 sqft

7,500 sqft lot

2058 W 48th St, Cleveland, OH 44102

Browse Homes in Cleveland, OH

Cleveland home values range from $10,047 to $12,694,724. The median estimated value of a home in Cleveland is $103,791.61. The median list price of a home is 99,950, and the total count of properties in the city is 110,111.

Foreclosure

There are 28 zips within Cleveland, OH; within these zips, the median estimated home value for homes in foreclosure ranges from $357,000 in 44108 to the lowest value of $20,560 in 44108. Foreclosure homes account for 0.00% of properties in Cleveland, OH with 44105 containing 96 foreclosures, the highest number of foreclosure properties in a single zip.

Pre-Foreclosure
Pre-foreclosure homes account for 0.18% of all residential properties in Cleveland, OH with 44128 containing 31 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 $230,103 in 44126 to the lowest home value of $21,578 in 44108.
Bank Owned
The median estimated home value of bank owned homes (REO properties) in Cleveland, OH ranges from the highest value of $298,388 in 44129 to the lowest value of $25,000 in 44108. Bank owned homes and properties account for 0.07% of properties in Cleveland, OH. There are 28 zips within Cleveland, OH; 44118 containing 15 REO properties, has the highest number of bank owned properties in a single zip.
Auctions
44105 has 63 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 0.33% 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 $130,843 in 44124 to the lowest value of $20,560 in 44124.

Homes for Sale

Homes and properties that are actively listed for sale account for 0.19% of residential properties in Cleveland, OH with 44108 containing 27 homes for sale, the highest number of listed properties in a single zip. There are 28 zips within Cleveland, OH; homes for sale in those zips, have a range of median values from $635,000 in 44126 to the lowest value of $31,038 in 44112.

Sold Homes

The median value for recently sold homes ranges from $180,324 in 44115 to the lowest price of $11,711 in 44115. There are 28 zips within Cleveland, OH. 44130 has 597 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.97% of properties in Cleveland, OH.

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