Recently Sold Homes in Cleveland, Ohio City

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Cleveland, OH Real Estate Insights

Cleveland, Ohio, borders Lake Eerie, which is why locals often refer to the city as The North Coast. With 396,417 residents, Cleveland is not the biggest metropolis, but packs a large punch that rivals some of the top cities. Although just 5,107 square miles, The North Coast has a number of diverse neighborhoods, including Slavic Village and Little Italy. The Cleveland Orchestra is top five in the world, performing every Fourth of July at the Blossom Music Center in Cuyahoga Falls. Further solidifying its position as a music capital, Cleveland houses the Rock and Roll Hall of Fame with more hard rock keepsakes than any other museum of its kind. And if sports are better suited, the Cleveland Indians, Browns and 2016 NBA Champion Cavaliers have a dedicated fan base just waiting to recruit their next devotee.
Albeit its uniqueness and endless entertainment, Cleveland real estate is highly affordable. The average list price, currently $73,927, decreased 1.72 percent from $75,224 in 2014. While price-per-square foot did not show movement year-over-year, inventory on homes for sale increased 13.32 percent last year to total 1,208 homes for sale. A drop in home prices combined with a greater number of for-sale listings allows Cleveland house hunters a wide-range of possibilities when they decide to settle down on The North Coast.