What is the median home price in Cleveland?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
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. Over the 12 months to August 2026, the monthly median ran from $189,500 in April to $255,000 in November. A median is the middle sale, so half of the homes sold for more and half for less.
What the median sale price is
The headline figure is the median sale price of the 341 homes that closed in Cleveland in the last six months: $205,000. The 12 monthly medians to August 2026 ranged from $189,500 to $255,000, and the most recent full month (August) came in at $215,000. On median sale price, Cleveland is among the lower-priced (ranked 39 of 39 communities with enough sales to compare). The median moves with the mix of homes that happen to close in a month, so one month says less than the six-month view.
How to use it
Homes for sale now are spread across price bands, with the largest group in the Under $300K range (436 of 558 active listings). A buyer comparing a listing with the median should compare against its own band and size, and a seller should price against the newest closings nearby, not the citywide middle. Numbers like these describe the whole of Cleveland, not one street or one home, and real estate decisions are rarely a straight line. When you are ready to look at a price for a home in this market for a specific address or plan, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| Median sale price, last 6 months | $205,000 |
| Closed sales, last 6 months | 341 |
| Median price per square foot, last 6 months | $136 |
| Lowest monthly median (April) | $189,500 |
| Highest monthly median (November) | $255,000 |
| Latest full month (August) | $215,000 |
Common follow-up questions
Is the median the same as the average price in Cleveland?
No. The median is the middle sale: half of homes sold for more and half for less. It is less affected by a few very high or very low sales.
How often does this change?
The figures are refreshed from our listing data as sales close, so the number on the community page can move from week to week.
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
Are home prices in Cleveland going up or down?
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.
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.