Altos Market Data for Realtors

Cleveland, OH

Single-Family Homes

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Cleveland, OH

Sun Jan 29 2023
This week the median list price for Cleveland, OH is $134,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 1,037. 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.

Slight Seller's Advantage

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

Sun Jan 29 2023
This week the median list price for Cleveland, OH is $134,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 1,037. 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.

Slight Seller's Advantage

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 $134,900
Median Price of New Listings $135,000
Per Square Foot $101
Average Days on Market 97
Median Days on Market 63
Price Decreased 40%
Price Increased 4%
Relisted 7%
Inventory 1,037
Median Rent
Market Action 44
Slight Seller's Advantage

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
$305,000 1,853 6,500 - 8,000 sqft 3 2.5 70 38 41 77
$159,000 1,296 4,500 - 6,500 sqft 3 1.5 80 49 57 49
$110,000 1,232 4,500 - 6,500 sqft 3 1 95 53 33 56
$63,000 1,248 0 - 4,500 sqft 3 1 106 30 32 70