Aug 2026
$149K
+11.0% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Cleveland, OH
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Cleveland, OH. Built for agents; free to read.
Cleveland, OH’s median sale price is $149K as of Aug 2026 — +11.0% year over year. Pecan Street tracks Cleveland with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$798/mo
$34K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Cleveland compares to other U.S. metros
| Price-to-rent | ↓190th of 195 |
|---|---|
| Home-price growth | ↑10th of 195 (top 6%) |
| Price cuts | ↓171st of 194 |
| Days on market | 97th of 194 (top 50%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 8 +2.5% YoY ↓190th of 195 |
|---|---|
| Asking price / sq ft | $143 |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Dec 2024. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 27% ↓171st of 194 |
|---|---|
| New housing units permitted | 403 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Dec 2024. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 112 |
|---|---|
| MLS board of record | MLS Now |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
unknownRedfin (city) +11.0% | FHFA HPI — |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
Market dispatches
Citable market dispatches for Cleveland → Latest dispatch: Jul 24, 2026.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 44035 | $199K↑ | 98↑ | 76↑ | 44↑ | 41↑ | $192K↑ |
| 44060 | $300K↑ | 115↑ | 72↑ | 72↑ | 34↓ | $281K↑ |
| 44077 | $345K↑ | 90↑ | 84↑ | 60↑ | 32↓ | $263K↑ |
| 44102 | $180K↑ | 133↑ | 56 | 40↑ | 53↑ | $136K↓ |
| 44105 | $95K↑ | 105↑ | 44↓ | 36 | 56↑ | $78K↓ |
| 44107 | $290K↑ | 101↑ | 52↑ | 40↑ | 37↑ | $300K↑ |
| 44113 | $354K↓ | 110↑ | 24↓ | 40↑ | 73↑ | $318K↑ |
| 44118 | $275K↑ | 117↓ | 72↑ | 64↑ | 41↓ | $255K↑ |
| 44120 | $135K↓ | 107↑ | 28↑ | 44↑ | 54↓ | $136K↓ |
| 44121 | $200K↑ | 85↓ | 52↑ | 36↓ | 43↓ | $180K↓ |
| 44122 | $367K↓ | 85↑ | 40↑ | 32↓ | 48↓ | $384K↑ |
| 44256 | $477K↑ | 132↑ | 84↑ | 72↑ | 39↑ | $385K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.