Cleveland-Elyria vs New York-Newark-Jersey City: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of May 2026

Cleveland-Elyria vs New York-Newark-Jersey City side by side

Metric Cleveland-Elyria New York-Newark-Jersey City
Alpha Score4027
Price Momentum5050
Inventory Health50
Affordability545
Economic Strength5062
Rental Yield5224
Median Sale Price
Price-to-Income2.96.0
Payment-to-Income17.2%37.0%
Months of Supply
Gross Rental Yield6.0%3.6%
Overvaluation Index040

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How Cleveland-Elyria and New York-Newark-Jersey City compare, dimension by dimension

  • Affordability: Cleveland-Elyria leads — Cleveland-Elyria 54/100 vs New York-Newark-Jersey City 5/100.
  • Price Momentum: Cleveland-Elyria and New York-Newark-Jersey City score the same (50/100).
  • Inventory Health: Cleveland-Elyria leads — Cleveland-Elyria 5/100 vs New York-Newark-Jersey City 0/100.
  • Economic Strength: New York-Newark-Jersey City leads — Cleveland-Elyria 50/100 vs New York-Newark-Jersey City 62/100.
  • Rental Yield: Cleveland-Elyria leads — Cleveland-Elyria 52/100 vs New York-Newark-Jersey City 24/100.

Frequently asked questions

Which has a higher Alpha Score, Cleveland-Elyria or New York-Newark-Jersey City?

Cleveland-Elyria scores higher — 40 vs 27 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is Cleveland-Elyria or New York-Newark-Jersey City more affordable?

Cleveland-Elyria is more affordable on our affordability dimension. Price-to-income is 2.9 in Cleveland-Elyria and 6.0 in New York-Newark-Jersey City.

Which housing market has stronger momentum, Cleveland-Elyria or New York-Newark-Jersey City?

Both markets show similar price momentum (about 50/100).

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Cleveland-Elyria market brief and the New York-Newark-Jersey City brief.