Housing in Cleveland, OH

The housing market in Cleveland, OH is an attractive option for buyers. According to the data provided, the median value of houses in Cleveland is 97,300 which is significantly lower than the US median value of 338,100. Over the last year both the US and Cleveland have seen similar appreciation rates of 8.27% and 8.35%, respectively. This shows that despite having a lower median value, the housing market in Cleveland still offers a great return on investment for potential homebuyers.

The median home cost in Cleveland is $97,300. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Cleveland is up 12.6%.

Average Age of Homes

- The median age of Cleveland real estate is 78 years old

The Rental Market in Cleveland

- Renters make up 44.4% of the Cleveland population
- 3.1% of houses and apartments in Cleveland, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

HOUSING BY YEAR BUILT

HOUSING	Cleveland, Ohio	United States
	202,579	139,647,020
	65	42
	$97,300	$338,100
	12.6%	16.6%
	53.2%	57.0%
	79.6%	101.1%
	$20.05	$10.98
	$1,498	$2,690
	34.2%	57.4%
	17.0%	11.2%
	48.8%	31.4%
VACANT HOUSING
	3.1%	1.9%
	0.7%	0.4%
	0.6%	0.7%
	0.5%	0.4%
	0.5%	3.6%
	11.7%	4.1%
VALUE OF OWNER-OCCUPIED HOUSING
	5.4%	2.6%
	13.3%	2.4%
	18.0%	2.8%
	17.5%	3.9%
	13.5%	4.5%
	15.9%	11.3%
	7.3%	13.0%
	4.6%	20.1%
	2.2%	13.6%
	0.7%	8.3%
	1.0%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
HOUSING UNITS BY YEAR STRUCTURE BUILT
	0.1%	0.2%
	3.5%	13.6%
	3.5%	13.6%
	3.4%	13.6%
	2.8%	13.2%
	5.5%	14.8%
	3.4%	13.6%
	12.7%	10.0%
	11.2%	4.7%
	50.0%	12.2%

HOUSING MAP

Average Rent (3br)

Percent Home Appreciation (5yr)

Property Tax (%)

Median Home Cost

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Reviews for Cleveland 95 Reviews

Something for everyone - 7/12/2022
I live in a suburb right outside of Cleveland. I fear Cleveland gets a bad wrap in many people eyes. Although many families moved to the area for steel and auto... Read More

JC | Fairview Park, OH | Reply | No Replies

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Cleveland is coming alive AGAIN - 12/19/2021
I relocated to Cleveland 8 months ago from south of Columbus, OH. Having spent a lot of time in Columbus and central Ohio, I wanted to change. So I spontaneously decided... Read More

RobsNCLE | South Euclid, OH | Reply | No Replies

A great city that doesn't know how great it is. - 12/14/2021
Lived in Cleveland for 10 years. Loved it. Of course it has its issues, but there are a lot of great things about this city, and the people that live there should... Read More

A | Nashville, TN | Reply | No Replies

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ZIP CODES IN CLEVELAND, OH

44102, 44111, 44109, 44105, 44120, 44128, 44135, 44106, 44108, 44104, ... 18 more

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United States / Ohio / Cleveland-Elyria Metro Area / Cuyahoga County / Cleveland / Zip Codes