Cleveland, OH metro area Housing Market
Warm MarketComprehensive housing market data for the Cleveland, OH metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$222K
↑ 8.4% YoY
Days on Market
45 days
↑ 9.8% YoY
Active Inventory
3,738
↑ 0.4% YoY
Homes Sold
1,262
↓ 15.1% YoY
Warm Market
The market is active with moderate buyer demand.
Cleveland, OH metro area Market Summary
The Cleveland, OH metro area housing market is heating up. As of January 2026, the median home sale price is $222K, up 8.4% year-over-year. Homes are spending a median of 45 days on the market, 9.8% longer than a year ago.
There are 3,738 homes for sale — 0.4% more than last year. With 3.0 months of supply, this is a seller's market. 1,629 new listings were added during this period, down 6.4% year-over-year.
Homes are selling for 97.2% of their list price on average, suggesting room for negotiation. 24.7% of homes sell above their asking price. 27.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
vs. Ohio Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 47% below the national median, which could indicate stronger cash flow potential.
Cleveland, OH metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$220K
Price per Sq Ft
$148
Sale-to-List Ratio
97.2%
Months of Supply
3.0
Sold Above List
24.7%
Price Drops
27.1%
New Listings
1,629
↓ 6.4% YoY
Pending Sales
1,857
Off Market in 2 Weeks
34.9%
Other Markets in Ohio
Cincinnati, OH metro area
$290K · 59d on market
Columbus, OH metro area
$340K · 69d on market
Dayton, OH metro area
$225K · 46d on market
Toledo, OH metro area
$180K · 59d on market
Akron, OH metro area
$220K · 46d on market
Youngstown, OH metro area
$160K · 59d on market
Canton, OH metro area
$217K · 41d on market
Springfield, OH metro area
$230K · 47d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.