Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Cleveland is about $181,000 as of Sep 2026, down 3.3% from a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Only on the right house. Neither side has the upper hand in Cleveland right now. The signals split. Compared with 2017–2019 at this time of year, the typical listing has been up 21% fewer days, but there are 45 pending sales per 100 listings, against 56 then. The market will not hand you a discount. You have to find it in one specific listing.
The population in Cleveland's ZIP codes fell 2.0% over five years. 12.1% of homes are vacant, higher than 82% of tracked cities. Households still grew 1.1% while the housing stock shrank 2.9%. Fewer people living in more households means rental demand has held up better than the population suggests. Check vacancy by ZIP before you buy.
In Cleveland, 47 out of every 100 households rent. That is nearly half. The renter share is shrinking. Five years ago it was 48 in 100. Cleveland lost about 1,700 renter households in five years. Renter households average 2.0 people. Singles and couples rent here. Two bedrooms beat four.
The median Cleveland household earns $55,821 a year. Incomes here have grown 5.3% a year since 2019. Incomes and home prices are rising in step. A typical home costs 3.2 times the median income. Locals can afford to buy here. Your exit buyer can be a local family. At 30% of income, a tenant on the median income can pay about $1,396 a month.
To see what one Cleveland address would rent for and cash flow, run it through the app.
HUD sets one fair market rent for Cuyahoga County. For fiscal year 2026:
The figures include tenant-paid utilities and apply to all of Cuyahoga County, so one home's rent can sit well above or below them. See fair market rent by city.
Ranked among the 21 Ohio markets we track:
The median asking price is 7.8% below its Apr 2025 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Cleveland prices have risen in 82 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
Read when a cheap market is a warning and how we read these numbers, then run the numbers on a deal.
The median asking price in Cleveland is about $181,000 as of Sep 2026, down 3.3% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Cleveland figures cover the 32 ZIP codes with a Cleveland mailing address, which can reach past city limits.
Neither side has the upper hand in Cleveland right now. We compare Cleveland with 2017–2019 at this time of year: the typical listing has been up 21% fewer days; there are 20% fewer homes for sale; there are 45 pending sales per 100 listings, against 56 then.
The median asking price is 7.8% below its Apr 2025 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
44127. Only 6 homes under contract for every 100 still for sale. 49% of sellers there have cut their price, and the typical listing has been up 51 days.
Across 9 full years, Cleveland asking prices ran lowest in January, about 8.1% below the year's average. They peaked in August. The most homes for sale show up in October, about 15% above the yearly average.
HUD's fiscal year 2026 fair market rent for Cuyahoga County is $1,279 a month for 2 bedrooms and $1,646 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
ZIP 44108 is on both lists. That is rare. It is the one place in Cleveland where leverage and growth overlap.
| ZIP | $/sqft, 2 yrs | $/sqft now | Buyers per home | For sale |
|---|---|---|---|---|
| 44103 | +76.4% | $81 | 0.23 | 28 |
| 44104 | +72.9% | $73 | 0.44 | 37 |
| 44127 | +30.0% | $59 | 0.06 | 16 |
| 44108 | +28.0% | $68 | 0.20 | 84 |
| 44105 | +25.2% | $64 | 0.35 | 113 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
Cleveland has 32 ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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