The Pecan Street Index  ›  Cleveland Elyria  ·  2026-06-29

Metro-level

Lakewood homes taking 20 days to sell — +122.2% vs. a year ago

20 days

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

This period's moves

Strength 4 / 5

20 days

Lakewood homes taking 20 days to sell — +122.2% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

102.1%

Lakewood sale-to-list broke above 1.0 — 102.1%

Typical closed deal is now clearing at or over list price; sellers have regained pricing leverage in the last month.

Strength 4 / 5

$195K

Cleveland Heights median price -18.3% YoY

Price-per-sqft also -3.6% YoY, confirming real depreciation vs. mix-shift noise.

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Pecan Street Index, Cleveland Elyria, June 2026

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