Cleveland, OH Home Values & Market Trends

Real estate market trends reflect that there have been 8,232 transactions over the past year in Cleveland. The median value for residential home transactions that occurred over the previous year is $104,334.7. The number of current listings in Cleveland is 91, and the percentage of properties for sale in the city is 91.00%. Cleveland, OH currently has 852 properties in foreclosure, 73 bank owned properties, 215 properties headed for auction, and 91 properties for sale.

Cleveland, OH Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
44111

$ 139,900

$ 109/sqft

44143

$ 180,539

$ 123/sqft

44121

$ 137,004

$ 118/sqft

44128

$ 103,593

$ 93/sqft

44110

$ 55,820

$ 26/sqft

44134

$ 201,600

$ 106/sqft

44108

$ 58,585

$ 27/sqft

44129

$ 232,000

$ 110/sqft

44105

$ 47,340

$ 26/sqft

44103

$ 57,510

$ 22/sqft

44135

$ 158,500

$ 136/sqft

44119

$ 139,900

$ 69/sqft

44109

$ 115,852

$ 64/sqft

44126

$ 197,591

$ 90/sqft

44112

$ 73,394

$ 30/sqft

44104

$ 137,402

$ 111/sqft

44102

$ 74,360

$ 39/sqft

44113

$ 133,170

$ 76/sqft

44120

$ 73,050

$ 59/sqft

44127

$ --

$ --

44130

$ 201,532

$ 132/sqft

44124

$ 178,320

$ 148/sqft

44118

$ 262,350

$ 110/sqft

44106

$ 30,000

$ 22/sqft

44144

$ 160,123

$ 104/sqft

44114

$ --

$ --

44125

$ 119,038

$ 94/sqft

44115

$ --

$ --

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Housing Market Summary for Cleveland, OH

Apr 2023March 2024Change
Median Listing Price$84,966.667$89,940.7725.85%
Median Sold Price$90,974.249$89,940.772-1.14%
Homes For Sale27494-65.69%
Homes Sold4,1364,2242.13%
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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Browse Homes in Cleveland, OH

Cleveland home values range from $10,681 to $11,636,049. The median estimated value of a home in Cleveland is $104,334.7. The median list price of a home is 96,000, and the total count of properties in the city is 110,141.

Foreclosure
There are 28 zips within Cleveland, OH; within these zips, the median estimated home value for homes in foreclosure ranges from $281,031 in 44108 to the lowest value of $16,354 in 44108. Foreclosure homes account for 0.00% of properties in Cleveland, OH with 44128 containing 134 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.51% of all residential properties in Cleveland, OH with 44128 containing 96 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 $222,801 in 44126 to the lowest home value of $20,000 in 44128.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cleveland, OH ranges from the highest value of $118,120 in 44129 to the lowest value of $19,936 in 44105. Bank owned homes and properties account for 0.07% of properties in Cleveland, OH. There are 28 zips within Cleveland, OH; 44105 containing 16 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    44105 has 39 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 0.20% 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 $118,500 in 44113 to the lowest value of $16,354 in 44113.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Cleveland, OH with 44111 containing 11 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 $336,137 in 44118 to the lowest value of $22,000 in 44105.
    Sold Homes
    The median value for recently sold homes ranges from $325,750 in 44115 to the lowest price of $10,810 in 44115. There are 28 zips within Cleveland, OH. 44130 has 580 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.91% of properties in Cleveland, OH.

      Compare Nearby Cities

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      Guide for Cleveland, OH

      Market Reports
      Toledo Real Estate Market Analysis March 2024
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports
      Cincinnati Real Estate Market Show Consistent Growth in 2023
      Home Buying Guides & Tips
      Ohio Foreclosure Laws
      See More Articles
      Toledo Real Estate Market Analysis March 2024
      Market Reports|posted 14 March 2024

      Property values in Toledo’s real estate market fluctuated in recent months, recent trend data shows.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Cincinnati Real Estate Market Show Consistent Growth in 2023
      Market Reports|posted 28 February 2024

      Cincinnati’s real estate market has showcased promising growth in 2023, marked by an increase in property values and prices per square foot.

      Ohio Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Ohio Foreclosure Laws