Real Estate Market Update for Cleveland, OH
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 15% from one year earlier, and down 11% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 80-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 12%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 90-thousand dollars. The number of units sold decreased 15% year-over-year, and decreased 9% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Cleveland, OH

Area Information for Cleveland, OH
  • Population: 363,030
  • Median Age: 37.42 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 4,672/sq mi
  • Population Change Since 2000: -24.01%
  • Closest Airport: Burke Lakefront
  • Closest College: Cleveland State University
  • Closest Jr. College: Cuyahoga Comm Clg-metropolitan Campus
  • Median Household Income: $30,227
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $67,500
  • Closest Major Sports Team: Cleveland Indians
  • Change Avg. Household Income Since 2000: 30.52%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Cleveland, OH
Median Age: 37.42 Married: 20% Number of Households: 154,085 Households with Children: 36,575
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Cleveland, OH

      School Name Distance Type Grades School Rating
      Cleveland College Preparatory School 1.5 mi Public K-8 2
      Old Brooklyn Montessori School 2.0 mi Public K-4 2
      Constellation Schools: Old Brooklyn Community Midd 2.0 mi Public 5-8 2
      Clark Pk-8 School 2.2 mi Public PRESCHOOL-8 5
      Menlo Park Academy 2.2 mi Public K-8 5
      Constellation Schools: Stockyard Community Middle 2.4 mi Public 7-8 3
      Near West Intergenerational School 2.5 mi Public K-5 3
      Cuyahoga Hts High School 3.0 mi Public 9-12 5
      Cuyahoga Heights Middle School 3.1 mi Public 6-8 5
      Cuyahoga Heights Elementary School 3.1 mi Public PRESCHOOL-5 4
      Campus International School 3.4 mi Public K-8 3
      Global Village Academy 3.8 mi Public K-8 5
      Brooklyn High School 3.8 mi Public 8-12 3
      Village Preparatory Cliffs School 3.9 mi Public K-8 2
      Ohio Connections Academy, Inc 4.0 mi Public K-12 2
      Hbcu Preparatory School 1 4.1 mi Public K-8 2
      Cleveland School Of Architecture And Design 4.8 mi Public 9-12 4
      Cleveland School Of Science And Medicine 4.8 mi Public 9-12 4
      Cleveland Early College High 4.8 mi Public 9-12 4
      Cleveland School Of The Arts High School 5.0 mi Public 9-12 2
      Renwood Elementary School 5.1 mi Public K-4 3
      Garfield Middle School 5.3 mi Public 6-8 3
      James A Garfield School 5.5 mi Public PRESCHOOL-8 2
      Roxboro Elementary School 5.5 mi Public K-5 3
      Roosevelt Elementary School 5.8 mi Public K-5 4
      Lakewood High School 5.8 mi Public 9-12 3
      Boulevard Elementary School 5.8 mi Public K-4 4
      Onaway Elementary School 5.9 mi Public PRESCHOOL-4 4
      Shaker Heights High School 6.1 mi Public 9-12 3
      Greenbriar Middle School 6.1 mi Public 5-7 3
      Dentzler Elementary School 6.1 mi Public K-4 4
      Hillside Middle School 6.2 mi Public 5-7 4
      Independence High School 6.2 mi Public 9-12 5
      Independence Middle School 6.2 mi Public 5-8 5
      Grant Elementary School 6.3 mi Public PRESCHOOL-5 4
      Hayes Elementary School 6.6 mi Public PRESCHOOL-5 4
      Constellation Schools: Westpark Community Middle 6.6 mi Public 5-8 2
      Constellation Schools: Westpark Community Elementary 6.6 mi Public K-4 5
      Independence Primary School 6.7 mi Public PRESCHOOL-4 5
      Normandy High School 6.7 mi Public 8-12 4
      Green Valley Elementary School 6.7 mi Public K-4 4
      Fernway Elementary School 6.7 mi Public K-4 4
      Lincoln Elementary School 6.7 mi Public PRESCHOOL-5 4
      Harding Middle School 6.8 mi Public 6-8 4
      Whitney M Young Leadership Academy 6.8 mi Public 9-12 3
      Canterbury Elementary School 7.4 mi Public K-5 3
      Pleasant Valley Elementary School 7.4 mi Public K-4 3
      Horace Mann Elementary School 7.5 mi Public PRESCHOOL-5 3
      Douglas Macarthur Girls Leadhership Academy 7.9 mi Public PRESCHOOL-8 3
      Brook Park Memorial Elementary School 8.2 mi Public PRESCHOOL-4 3
      Rocky River Middle School 8.3 mi Public 6-8 5
      Berea-midpark Middle School 8.3 mi Public 6-8 2
      Kensington Intermediate Elementary School 8.5 mi Public 3-5 5
      Valley Vista Elementary School 8.7 mi Public K-4 5
      Rocky River High School 8.7 mi Public 9-12 5
      Mercer Elementary School 8.9 mi Public PRESCHOOL-4 4
      Big Creek Elementary School 8.9 mi Public PRESCHOOL-4 3
      Lewis F Mayer Middle School 8.9 mi Public 6-8 3
      Fairview High School 9.0 mi Public 9-12 4
      Brecksville-broadview Heights Middle School 9.0 mi Public 5-8 5
      Brecksville-broadview Heights High School 9.0 mi Public 9-12 5
      Albion Elementary School 9.2 mi Public K-4 5
      Gilles-sweet Elementary School 9.4 mi Public 1-5 3
      Whitney Elementary School 9.6 mi Public K-5 4
      Hilltop Elementary School 9.7 mi Public 3-5 5
      Beachwood High School 9.7 mi Public 9-12 5
      Beachwood Middle School 9.8 mi Public 6-8 5
      Royal View Elementary School 10.0 mi Public PRESCHOOL-4 4
      North Royalton Middle School 10.4 mi Public 5-8 5
      North Royalton High School 10.4 mi Public 9-12 4
      Highland Drive Elementary School 10.9 mi Public K-4 5
      Lakeshore Intergenerational School 11.1 mi Public K-5 2
      Chardon Hills Magnet School 11.5 mi Public 1-5 2
      Ballard Brady Middle School 12.0 mi Public 6-8 5
      Orange High School 12.0 mi Public 9-12 5
      Moreland Hills Elementary School 12.0 mi Public K-5 5
      Millridge Elementary School 12.1 mi Public K-5 4
      Lander Elementary School 12.1 mi Public PRESCHOOL-5 4
      Lee Burneson Middle School 12.3 mi Public 7-8 5
      Surrarrer Elementary School 12.4 mi Public K-5 4
      Westlake Elementary School 12.6 mi Public PRESCHOOL-4 4
      Westlake High School 12.6 mi Public 9-12 4
      Bay Middle School 12.6 mi Public 5-8 5
      Dorothy E Lewis Elementary School 12.7 mi Public K-4 5
      Chapman Elementary School 12.8 mi Public K-5 4
      Mayfield High School 13.0 mi Public 9-12 4
      Muraski Elementary School 13.1 mi Public K-5 4
      Strongsville High School 13.5 mi Public 9-12 5
      Bay High School 13.5 mi Public 9-12 5
      Mayfield Middle School 13.7 mi Public 6-8 4
      Solon High School 13.8 mi Public 9-12 5
      Grace L Roxbury Elementary School 13.8 mi Public K-4 5
      Olmsted Falls High School 13.9 mi Public 9-12 4
      Mayfield Center Elementary School 13.9 mi Public PRESCHOOL-5 4
      Solon Middle School 14.1 mi Public 7-8 5
      Parkside Elementary School 14.1 mi Public K-4 5
      Westerly Elementary School 14.1 mi Public 3-4 5
      Olmsted Falls Intermediate Building 14.4 mi Public 4-5 5
      Olmsted Falls Middle School 14.4 mi Public 6-8 4
      Kinsner Elementary School 14.9 mi Public K-5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Cleveland, OH
        Data powered by Attom Data Solutions. Copyright© 2021. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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