Altos Market Data for Realtors

Cleveland, OH

Single-Family Homes

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Cleveland, OH

Fri May 09 2025
This week the median list price for Cleveland, OH is $160,000 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has increased to 849. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Cleveland, OH

Fri May 09 2025
This week the median list price for Cleveland, OH is $160,000 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has increased to 849. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cleveland market.
Median List Price $160,000
Median Price of New Listings $179,900
Per Square Foot $111
Average Days on Market 89
Median Days on Market 42
Price Decreased 37%
Price Increased 3%
Relisted 7%
Inventory 849
Median Rent
Market Action 50
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
$359,900 2,161 6,500 - 8,000 sqft 3 2.5 70 33 22 49
$200,000 1,694 4,500 - 6,500 sqft 3 1.5 83 56 48 28
$135,000 1,402 4,500 - 6,500 sqft 3 1.3 100 26 24 45
$77,800 1,362 4,500 - 6,500 sqft 3 1 110 43 35 49