Altos Market Data for Realtors

Cleveland, OH

Single-Family Homes

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Cleveland, OH

Wed Oct 04 2023
This week the median list price for Cleveland, OH is $136,746 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 848. Click here to stay informed with the Cleveland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Cleveland, OH

Wed Oct 04 2023
This week the median list price for Cleveland, OH is $136,746 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 848. Click here to stay informed with the Cleveland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cleveland market.
Median List Price $136,746
Median Price of New Listings $139,900
Per Square Foot $106
Average Days on Market 89
Median Days on Market 42
Price Decreased 36%
Price Increased 3%
Relisted 6%
Inventory 848
Median Rent
Market Action 53
Strong Seller's Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$349,900 1,811 6,500 - 8,000 sqft 3 2.5 67 36 30 49
$165,000 1,376 4,500 - 6,500 sqft 3 1.5 89 46 45 28
$115,000 1,209 4,500 - 6,500 sqft 3 1 97 38 36 49
$63,000 1,214 4,500 - 6,500 sqft 3 1 105 42 45 56