Are home prices in Cleveland going up or down?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
For Cleveland, the answer is mostly lower. In 1 of the last 12 months the median sale price was above the same month a year earlier, and in 11 it was below. Closed sales over the same 12 months were 571, 1% more than the 565 in the 12 months before. Monthly medians are noisy in smaller markets, so read the direction over a year, not one month.
Month by month against a year ago
We compare each of the last 12 months with the same month a year earlier. In Cleveland, 1 months were higher, 11 were lower and 0 were unchanged. Closed sales over the same 12 months were 571, 1% more than the 565 in the 12 months before. Median price per square foot in August was $135, against $135 in the same month a year before. By quarter, the median sale price was $205,000 for 2026-Q3 against $225,000 for 2025-Q3.
What it means for timing
Direction alone does not tell you when to act. A market that is flat in the middle can still be moving in a price band or a subdivision, and a seller and a buyer are usually looking at different bands. A Cleveland average is a starting point, not a verdict on any one property, and the right move depends on your timeline, finances and the home itself. When you are ready to look at timing a purchase or a sale for a specific address or plan, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| Months higher than a year earlier (of 12) | 1 |
| Months lower than a year earlier (of 12) | 11 |
| Closed sales, last 12 months | 571 |
| Closed sales, the 12 months before | 565 |
| Median sale price, quarter 2025-Q2 | $239,245 |
| Median sale price, quarter 2025-Q3 | $225,000 |
| Median sale price, quarter 2025-Q4 | $233,000 |
| Median sale price, quarter 2026-Q1 | $225,000 |
| Median sale price, quarter 2026-Q2 | $203,500 |
| Median sale price, quarter 2026-Q3 | $205,000 |
Common follow-up questions
Are prices in Cleveland falling?
The last 12 months were mostly lower against the year before; the table shows the month counts and quarterly medians.
Can I use this to time the market?
It describes what already happened. It does not predict prices, and no one can promise where they go next.
Sources
Talk it through with Allen
A short call can turn a general answer into one for your address, your timeline and your numbers.
Related questions
What is the median home price in Cleveland?
Homes that sold in Cleveland over the last six months had a median sale price of $205,000, about $136 per square foot, on 341 closed sales.
Read answerHow many homes are for sale in Cleveland and in which price bands?
Cleveland has 562 homes for sale right now, which is about 10.4 months of supply at the recent pace of sales. By price band that is 436 Under $300K, 81 $300K to $500K, 27 $500K to $750K and 14 $750K+.
Read answerHow long does it take to sell a home in Cleveland?
In Cleveland, homes that sold in the last 12 months averaged between 112 and 192 cumulative days on the market, depending on the month, and the 558 homes for sale now have been listed for an average…
Read answerIs Cleveland a buyer's market or a seller's market?
By months of inventory, Cleveland is a buyer's market right now: 10.4 months of supply, with 562 homes for sale against 341 sales in the last six months.
Read answerHow many homes sell in Cleveland each month?
About 571 homes closed in Cleveland in the 12 months to August 2026, an average of 48 a month, with 72 in June the busiest month and 27 in January the quietest.
Read answerWhat is the price per square foot for homes in Cleveland?
Homes that sold in Cleveland in the last six months went for a median of $136 per square foot.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.