Altos Market Data for Realtors

Cleveland, OH

Single-Family Homes

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Cleveland, OH

Fri Jun 21 2024
This week the median list price for Cleveland, OH is $155,000 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 679. 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

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 Jun 21 2024
This week the median list price for Cleveland, OH is $155,000 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 679. 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

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 $155,000
Median Price of New Listings $172,500
Per Square Foot $102
Average Days on Market 68
Median Days on Market 35
Price Decreased 34%
Price Increased 2%
Relisted 4%
Inventory 679
Median Rent
Market Action 56
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
$365,000 2,474 8,000 - 10,000 sqft 4 2.5 67 35 22 35
$199,900 1,662 4,500 - 6,500 sqft 3 1.5 81 61 57 21
$126,450 1,393 4,500 - 6,500 sqft 3 1 97 38 38 31
$65,000 1,379 0 - 4,500 sqft 3 1 109 30 29 56