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Cleveland Market Trends

Today, November 24, 2009

Median Sales Price in Cleveland

Embed Info
1 yr 5 yr Max
Cleveland median sales prices
Number of sold homes in Cleveland
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$131,500+88.5%$45,000$69,750$62,500
2 bedrooms$58,500+25.4%$53,334$46,667$75,741
3 bedrooms$62,500+42.0%$58,000$44,000$80,000
4 bedrooms$57,450+43.6%$42,050$40,000$77,500
All properties$60,000+27.7%$53,000$47,000$80,000
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Cleveland Summary

The median sales price for homes in Cleveland OH for Aug 09 to Oct 09 was $60,000. This represents an increase of 13.2%, or $7,000, compared to the prior quarter and an increase of 27.7% compared to the prior year. Sales prices have depreciated 25% over the last 5 years in Cleveland.

The average listing price for Cleveland homes for sale on Trulia was $122,135 for the week ending Nov 18, which represents a decline of 1.2%, or $1,470, compared to the prior week and a decline of 1%, or $1,186, compared to the week ending Oct 28. Average price per square foot for Cleveland OH was $55, an increase of 22.2% compared to the same period last year. Popular neighborhoods in Cleveland include Old Brooklyn, Tremont, Detroit-Shoreway, Downtown, Ohio City, and Jefferson.

 

Average Listing Price in Cleveland

Embed Info
1 yr 5 yr Max
Cleveland average property price
Cleveland – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$160,661-1.7%$163,416$163,609$169,003
2 bedrooms$163,496-0.5%$164,285$161,749$163,509
3 bedrooms$106,479-0.4%$106,917$106,345$107,262
4 bedrooms$98,050-3.7%$101,799$98,604$99,226
All properties$122,135-1.2%$123,605$122,186$123,321
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Average Price Per Sqft for Homes in Cleveland

Embed Info
1 yr 5 yr Max
Cleveland average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$118+49.4%$131$79$77
2 bedrooms$67+9.8%$65$61$77
3 bedrooms$55+19.6%$53$46$63
4 bedrooms$44+22.2%$35$36$44
All properties$55+22.2%$50$45$56
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Popular Neighborhoods in Cleveland

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Old Brooklyn 1 — 1 1
Tremont 2 — 2 2
Detroit-Shoreway 3 +3 6 7
Downtown 4 -1 3 6
Ohio City 5 -1 4 4
Jefferson 6 -1 5 3
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Homes for Sale in Cleveland

3691 Highland Road, Cleveland OH
3691 Highl…
$54,900
1 br  1 ba
13517 Thornhope Road, Cleveland OH
13517 Thor…
$62,900,000
2 br  1 ba
4922 East 107th Street, Cleveland OH
4922 E 107…
$39,500
3 br  2 ba
5919 Lansing Avenue, Cleveland OH
5919 Lansi…
$55,000
2 br  1 ba
2147 West 96th Street, Cleveland OH
2147 W 96th…
$43,900
3 br  1 ba
1897 West 52nd Street, Cleveland OH
1897 W 52nd…
$75,000
6 br  4 ba
View all Cleveland Homes for Sale
 
Stats & Trends
Cleveland

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

Old Brooklyn

Tremont

View more neighborhoods or ZIPs
  • Brooklyn-Centre
  • Buckeye-Shaker
  • Central
  • Clark-Fulton
  • Corlett
  • Cudell
  • Detroit-Shoreway
  • Downtown
  • Edgewater
  • Euclid-Green
  • Fairfax
  • Forest Hills
  • Glenville
  • Goodrich-Kirtland Pk.
  • Hough
  • Industrial Valley
  • Jefferson
  • Kamm's Corners
  • Kinsmann
  • Lee-Miles
  • Mount Pleasant
  • North Broadway
  • North Collinwood
  • Ohio City
  • Old Brooklyn
  • Puritas-Longmead
  • Riverside
  • South Broadway
  • South-Collinwood
  • St. Clair-Superior
  • Stockyards
  • Tremont
  • Union-Miles Park
  • University
  • West Boulevard
  • Woodland Hills
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  • 44101
  • 44102
  • 44103
  • 44104
  • 44105
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  • 44107
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  • 44109
  • 44110
  • 44111
  • 44112
  • 44113
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  • 44118
  • 44119
  • 44120
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  • 44143
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  • 44147
  • 44178
  • 44181
  • 44185
  • 44188
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  • 44190
  • 44191
  • 44192
  • 44193
  • 44194
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  • 44199
close [x]

Nearby Cities

Cities
Median
sales price
Average
listing price
Lyndhurst
$120,500
$191,019
Mayfield Heights
$121,500
$168,497
Mayfield Hts
$252,450
$309,450
Pepper Pike
$322,500
$571,173
Rocky River
$165,250
$244,966
Cleveland Heights
$75,000
$164,318
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Advice

Recent Q&A in Cleveland, OH

Q: Without using a realtor, how does one know what a good price is to list their home at? 7 answers
Q: Can I get a mortgage with a credit score under 600? 8 answers
Q: I contracted to buy a home but the radon inspection came in with a reading of 4.4, with 4 being normal. 5 answers
Q: Looking for multi family homes with a GOOD income,and ones that needs no repairs,and if anyone have such property please email me,not looking to Be the first to answer
Q: how safe is the mound ave area? 1 answer

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More Advice:
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Nearby Cities Real Estate

  • Lyndhurst Real Estate
  • Mayfield Heights Real Estate
  • Mayfield Hts Real Estate
  • Pepper Pike Real Estate
  • Rocky River Real Estate
  • Cuyahoga Heights Real Estate

Nearby Cities Sold Homes

  • Lyndhurst Sold Homes
  • Mayfield Heights Sold Homes
  • Mayfield Hts Sold Homes
  • Pepper Pike Sold Homes
  • Rocky River Sold Homes
  • Cuyahoga Heights Sold Homes

Nearby Cities Home Prices

  • Lyndhurst Home Prices
  • Mayfield Heights Home Prices
  • Mayfield Hts Home Prices
  • Pepper Pike Home Prices
  • Rocky River Home Prices
  • Cuyahoga Heights Home Prices

Cleveland Stats & Trends

  • Cleveland Real Estate Overview
  • Cleveland Schools
  • Cleveland Community Info
  • Cleveland Home Prices
  • Cleveland Real Estate
  • Cleveland Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Cleveland real estate market. Find Cleveland properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Cleveland average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Cleveland housing statistics are available for each Cleveland, OH neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.