Secondary metropolitan market · Ohio · June 2026 data

Cleveland Real Estate Market

The Cleveland, OH housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Cleveland report in a click.

Median listing price
$277,000
▲ 0.0% YoY
Median $ / sq ft
$156
1,883 sq ft median
Median days on market
39
June 2026
Active listings
3,485
For sale now
New listings
3,024
June 2026
Listings with price cuts
16%
Share of active
Median sale price (closed)
$248,722
▲ 4.6% YoY · closed sales
Sale-to-list ratio
98.7%
Closed sales
Homes sold / month
2,074
Closed sales
Median listing price trend
$277K$268K$258K$249K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Cleveland OH · trailing 8 quarters · source: public records and industry data.

The 10-year view
$277K$250K$222K$195K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Cleveland OH · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
3,485
New this month
3,024
Pending
3,442
Price-reduced
565

As of June 2026, the median home listed in Cleveland, OH asks $277,000 — up 0.0% from a year ago. Homes are taking a median of 39 days to go under contract, and 16% of the 3,485 active listings have taken a price cut, which points to a seller-leaning market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
70/100
#104 of 932 covered metros
12-month outlook
+2.6%
▲ Rising · model output, not advice
Price volatility
Medium
σ 5.3% · 20-yr price-index swings
Momentum
59
Value
43
Rental yield
89
Supply risk
17
Market heat
82

Cleveland scores 70/100 on our composite Investor Score (#104 of 932 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 5.5%; active inventory sits at 55% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 0.0% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

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.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,249/mo
−$142/mo vs today
At today's rate · 6.43%
$1,390/mo
National weekly average
If rates rise 1% · 7.43%
$1,539/mo
+$148/mo vs today

Principal & interest on the $277,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
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)
+0.2%
▲ 1,096.5k nonfarm jobs · May 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.

Cleveland market news

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 market FAQs

What is the median home price in Cleveland?
As of June 2026, the median listing price in Cleveland, OH is $277,000, up 0.0% year over year (source: public records and industry data).
How fast are homes selling in Cleveland?
The median property in Cleveland spends 39 days on the market, with 3,485 homes actively listed and 16% of them carrying a price cut — a seller-leaning market by pace.
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.
Based on public records and industry data, June 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.