Cleveland, OH metro area Housing Market Brief
metro · OH · as of August 2026
What is Cleveland, OH metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Cleveland, OH metro area in its market cycle?
Cleveland, OH metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Cleveland, OH metro area?
Our model forecasts Cleveland, OH metro area’s home prices to rise about 5.6% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Cleveland, OH metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $275K | ▲ +3.8% |
| Median Days on Market | 28 days | ▼ -3.4% |
| Months of Supply | 2.4 | ▲ +4.4% |
| Homes for Sale | 5,083 | ▲ +8.4% |
| Homes Sold | 2,120 | ▲ +1.2% |
| Median Price / Sq Ft | $166 | ▲ +3.8% |
How has Cleveland, OH metro area’s Alpha Score moved?
Markets like Cleveland, OH metro area
- Minneapolis, MN metro area, MNmetro48
- Little Rock, AR metro area, ARmetro51
- Warren, MI metro area, MImetro50
- Camden, NJ metro area, NJmetro56
- St. Cloud, MN metro area, MNmetro46
- Reading, PA metro area, PAmetro58
- St. Louis, MO metro area, MOmetro54
- Kansas City, MO metro area, MOmetro53
- Wilmington, DE metro area, DEmetro50
- Louisville, KY metro area, KYmetro43
Frequently asked questions
Is Cleveland, OH metro area a buyer's or seller's market?
As of August 2026, Cleveland, OH metro area is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, inventory, affordability, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Cleveland, OH metro area?
The median sale price in Cleveland, OH metro area is $275K, having risen 3.8% over the past year.
How affordable is Cleveland, OH metro area?
Cleveland, OH metro area scores 57 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Cleveland, OH metro area's Alpha Score?
Cleveland, OH metro area's strongest dimension is Price Momentum (66/100) and its weakest is Inventory Health (34/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Cleveland, OH metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.