Market Intelligence Report — OH-410

Cleveland, OH

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OH-08
As of the latest 2026 data
Accelerated

Median Listing

$260K
-1.8% YoY

Pending Ratio

0.75
-13.5% YoY

Active Inventory

4,148
+13.6% YoY

Median DOM

41 Days
+0.0% YoY

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The Cleveland market is currently Accelerated, with a pending ratio of 0.75 indicating robust demand relative to available inventory. This marks a notable decrease of 13.5% in the pending ratio over the past year, alongside an increase in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Cleveland market right now.

Active listings have expanded by 13.6% over the past year, with new listings also growing by 6.0% in the same period. Despite this supply increase, demand, as measured by the pending ratio, has decelerated significantly year-over-year. The median listing price has experienced minor year-over-year contraction of 1.8%, while the median price per square foot shows modest growth.

Historical Analysis

Market Trends

Median Price

$260K-4.9% MoM

Active Inventory

4,148+13.6% YoY

Days on Market

41+0.0% YoY

Sold Score™

71-13.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

71
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Current dynamics suggest that the pace of transactions remains firm, with properties moving relatively quickly. However, the rise in active listings combined with a declining pending ratio indicates some easing of the intense pressure observed in the prior period. Negotiating leverage for prospective buyers is likely increasing marginally, requiring sellers to maintain price discipline.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

4,148 active listings represent the current floor, with new supply arriving at roughly 2,772 per month.

Pricing Pressure
20.2%

of active listings carry a price reduction, +2.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.6% year-over-year.

Absorption
0.75

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Cleveland, OH? Inventory is up 14% from last year.

Demand in Cleveland, OH is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
75%
Median Days on Market
41 days
Inventory YoY
+14%

Demand is strong in Cleveland, OH. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Cleveland, OH
CBSA Code
17410
State
OH

ZIPs in Cleveland, OH

Sorted by active inventory · click a ZIP for its full report