| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $259,900 | 0.0% YoY |
| Median price per sq ft | $150 | 1,840 sq ft median |
| Median days on market | 44 | +2% YoY |
| Active listings | 4,417 | +17% YoY |
| New listings this month | 2,632 | September 2026 |
| Listings with a price cut | 21% | Share of active |
| Median sale price (closed) | $275,000 | +3.8% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 98.9% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 65.4% | 2,887 pending |
| Inventory vs 2019 | 65% | Active listings vs same month in 2019 |
| Gross rental yield | 5.9% | 2BR fair market rent |
Secondary metropolitan market · Ohio · September 2026 data
What is the Cleveland, OH real estate market doing?
As of September 2026, the median home listed in Cleveland, OH asks $259,900, unchanged year over year. Homes spend a median of 44 days on market, with 4,417 active listings and 21% carrying a price cut; pending contracts equal 65% of active listings, and inventory sits at 65% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 5.9%. Figures come from public records and industry data, updated monthly.
Median listing price
$259,900
0.0% YoY
Median $ / sq ft
$150
1,840 sq ft median
Median days on market
44
September 2026
Active listings
4,417
For sale now
New listings
2,632
September 2026
Listings with price cuts
21%
Share of active
Inventory vs 2019
65%
Same month, 2019 = 100
Pending / active
65%
Contract activity
Median sale price (closed)
$275,000
▲ 3.8% YoY · closed sales · July 2026
Sale-to-list ratio
98.9%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
2,158
Closed sales · July 2026, seasonally adjusted
What is the Cleveland, OH housing market doing right now?
The Cleveland, OH housing market lists at a $259,900 median as of September 2026, unchanged year over year, with a 44-day median market time and 4,417 homes for sale (21% with a price cut). Active inventory is 65% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 5.9%.
Cleveland housing market statistics
The table summarizes Cleveland's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Cleveland.
How have home prices changed in Cleveland?
Cleveland home prices are unchanged year over year and 0.0% month over month as of September 2026, at a $259,900 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Cleveland OH · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Cleveland OH · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Cleveland?
Cleveland has 4,417 active listings, 2,632 new this month, 2,887 pending as of September 2026. About 21% of active listings have cut their price, and inventory sits at 65% of its 2019 level — a balanced market by pace.
Is Cleveland a good real estate investment?
Cleveland scores 68/100 on WealthyBud's composite Investor Score, ranking #126 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
68/100
#126 of 933 covered metros
Price volatility
Medium
σ 5.3% · 20-yr price-index swings
Cleveland scores 68/100 on our composite Investor Score (#126 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 52% over five years and +99% over ten, leaving prices 90% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,268/mo for a two-bedroom, the gross rental yield on the median listing is about 5.9%; active inventory sits at 65% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are unchanged year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Cleveland ranks on the trending markets index.
How much is a monthly mortgage payment in Cleveland?
A home at Cleveland's $259,900 median listing runs about $1,423 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$1,284/mo
−$138/mo vs today
At today's rate · 7.28%
$1,423/mo
National weekly average
If rates rise 1% · 8.28%
$1,566/mo
+$144/mo vs today
Principal & interest on the $259,900 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Cleveland?
To buy Cleveland’s $259,900 median listing with 20% down, a household needs about $77,000 a year in gross income, keeping principal, interest and property tax ($1,799/mo) at 28% of income. That is 1.1× the area’s $68,507 median household income, so a typical Cleveland household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $259,900 | September 2026 |
| Down payment (20%) | $51,980 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $1,423/mo | Rate as of 2026-10-01 |
| Property tax (1.74% effective rate) | $377/mo | Census ACS |
| Income needed (28% rule) | $77,000 | Gross household income / yr |
| Median household income | $68,507 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Cleveland housing market?
Longer-run demand in Cleveland shows up in 3,714 homes permitted in 2025; net migration of -4,574 residents; +0.4% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
3,714
▼ 3.1% vs 2024
1.7 per 1,000 residents
Net migration (2022–2023)
-4,574
▼ people, via tax-return records
net income flow −$520.6M/yr
Job growth (YoY)
+0.4%
▲ 1,096.7k nonfarm jobs · August 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Cleveland real estate news?
Cities With the Fastest-growing Home Prices in the Cleveland Metro AreaStacker · 2026-06-30→Real Estate Market Trends in Cleveland, OH: Prices FallRealtor.com · 2026-05-01→As housing prices continue to rise in Ohio, many of Cleveland's homes remain affordableSpectrum News · 2026-06-15→Empty Department Stores Are Housing Cleveland’s Booming PopulationWSJ · 2026-04-14→
Cleveland's housing market shows mixed signals with some falling prices, while other areas experience rapid growth and affordability amidst population growth. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Cleveland by ZIP code
Median price, pace and inventory for 26 Cleveland ZIPs — the spread behind the metro number.
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The highest-producing real estate agents in Cleveland, ranked by recent sales.
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What real estate agents actually earn across Ohio.
ReadCleveland housing market FAQ
What is the median home price in Cleveland?
As of September 2026, the median listing price in Cleveland, OH is $259,900, unchanged year over year (source: public records and industry data).
How much does it cost to buy a home in Cleveland?
The median home listed in Cleveland asks $259,900 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,423 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Cleveland?
The median property in Cleveland spends 44 days on the market, with 4,417 homes actively listed and 21% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Cleveland?
With a median 44 days on market and 21% of active listings carrying a price cut, pending contracts at 65% of active listings, Cleveland reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Cleveland a good place to invest in real estate?
Cleveland scores 68/100 on WealthyBud's Investor Score, ranking #126 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Cleveland?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Cleveland and the wider Ohio market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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