Market Intelligence Report — OH-410

Cleveland, OH

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

Ref. No: 2026-OH-09
As of the latest 2026 data
Accelerated

Median Listing

$260K
-0.0% YoY

Pending Ratio

0.65
-18.1% YoY

Active Inventory

4,417
+16.8% YoY

Median DOM

44 Days
+2.3% YoY

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The Cleveland market currently exhibits Accelerated conditions, with a pending ratio of 0.65 indicating demand continues to outpace available inventory despite recent shifts. While median listing prices are stable, active listings have increased significantly year-over-year.

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 16.8% over the past year, reaching 4,417, which suggests a gradual increase in available supply. New listings also saw a modest increase of 2.1% year-over-year. The pending ratio, however, declined by 18.1% year-over-year to 0.65, indicating a deceleration in the rate at which demand is absorbing available supply compared to the prior period. Median days on market saw a slight increase of 2.3% year-over-year, alongside a 2.7% rise in the price-reduced share.

Historical Analysis

Market Trends

Median Price

$260K-0.0% MoM

Active Inventory

4,417+16.8% YoY

Days on Market

44+2.3% YoY

Sold Score™

72-18.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

72
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

The current market dynamics suggest that properties are still moving at a relatively quick pace, given the pending ratio of 0.65. While inventory levels are rising, the sustained absorption rate implies that sellers retain some leverage. However, the year-over-year decline in the pending ratio and increased price reductions indicate that price discipline may become more critical for sellers to achieve desired outcomes, suggesting a nuanced negotiation environment.

Luxury Segment

With an average listing price of $375,466 compared to a median of $259,900, there is a notable spread, but average prices showed a modest 1.6% increase year-over-year, and median $/sqft saw a slight 0.2% increase. No distinct luxury-segment signal in this dataset.

Supply Dynamics

4,417 active listings represent the current floor, with new supply arriving at roughly 2,632 per month.

Pricing Pressure
21.1%

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

$/Sq Ft
$0K

Median price per square foot has moved +0.2% year-over-year.

Absorption
0.65

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Cleveland, OH? Inventory is up 17% 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
65%
Median Days on Market
44 days
Inventory YoY
+17%

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

Analysis FAQ
  • What is the current market condition in Cleveland?+

    As of the latest 2026 data, the Cleveland metro is classified as Accelerated. Pending ratio is 0.65 with median days on market at 44.

  • Are home prices dropping in Cleveland?+

    Median listing price is $260K, -0.0% year over year. 21.1% of active listings carry a price reduction.

  • How fast are homes selling in Cleveland?+

    The typical listing sits 44 days on market, a +2.3% change YoY. New listings are arriving at 2,632 per month.

  • What's happening in the Cleveland luxury market?+

    With an average listing price of $375,466 compared to a median of $259,900, there is a notable spread, but average prices showed a modest 1.6% increase year-over-year, and median $/sqft saw a slight 0.2% increase. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Cleveland real estate expert?+

    Primpted maintains a vetted registry of Cleveland agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 17410 · 36mo history