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·Cleveland Metro
OH

Cleveland Metro

Cleveland Metro Market Report

Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/28/2026

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Listings Flow Ladder — Cleveland

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 571 listings/mo
balanced 4–6 mo2.6 mo
Faucet — new listings
3,138/mo
95% of normal (3,291) · normal
Basin — active listings
6,573
67% of normal (9,857) · low
Months of supply
2.6 mo
derived — not published at this grain
Drain — closed sales
2,567/mo
90% of normal (2,844)
Net — faucet minus drain
+571/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 0%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 10%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 92/mofall in the monthly rate (3%)— peak 2,659/mo (2026-07-31) to 2,567/mo now
  • 7,414transactions that did not happen— summed monthly shortfall vs the same-month normal, over 24 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 88 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Cuyahoga County, OH

Tracked ZIPs
10
Avg Score
72
Avg Median
$178,871
Market
Seller's
Avg Composite
72/100
Avg Median Price
$178,871
Avg Rent
$1,427/mo
Avg Burden
18.8%of income

Buyer Leverage — Should I Buy in Cleveland?

36
Avg Buyer Score
111 ZIPs analyzed
Strong Buyer
0
Moderate
11
Balanced
32
Seller Favored
58
Strong Seller
10
Best for Buyers
37353Mc Donald76
37362Oldfort75
44046Huntsburg71
37391Turtletown70
44235Homerville70
Most Competitive
44017Berea8
44136Strongsville12
44138Olmsted Falls12
44130Parma Heights12
44070North Olmsted12

COMPETITIVE — Cleveland favors sellers in most ZIPs

44105
Cleveland, Cuyahoga
70
Median Price
$73,706
YoY
-2.0%
Payment Burden
12.7%
Buy vs Rent
Buy
Days on Market
34
Supply
4.9 mo
Rent
$1,187
Val. Gap
—
44130
Parma Heights, Cuyahoga
80
Median Price
$139,900
YoY
+4.9%
Payment Burden
13.5%
Buy vs Rent
Buy
Days on Market
14
Supply
1.6 mo
Rent
$1,194
Val. Gap
-23.5%
44107
Lakewood, Cuyahoga
60
Median Price
$290,254
YoY
+4.6%
Payment Burden
29.1%
Buy vs Rent
Neutral
Days on Market
21
Supply
2.5 mo
Rent
$1,422
Val. Gap
-56.5%
44124
Mayfield Heights, Cuyahoga
79
Median Price
$179,000
YoY
+3.5%
Payment Burden
15%
Buy vs Rent
Buy
Days on Market
29
Supply
2 mo
Rent
$1,612
Val. Gap
-17.7%
44134
Parma, Cuyahoga
75
Median Price
$209,316
YoY
+3.0%
Payment Burden
20.6%
Buy vs Rent
Buy
Days on Market
10
Supply
1.6 mo
Rent
$1,714
Val. Gap
-33.1%
44102
Cleveland, Cuyahoga
62
Median Price
$130,988
YoY
-2.8%
Payment Burden
21.4%
Buy vs Rent
Buy
Days on Market
41
Supply
5.2 mo
Rent
$1,356
Val. Gap
+33.5%
44111
Cleveland, Cuyahoga
69
Median Price
$160,828
YoY
+0.9%
Payment Burden
19.4%
Buy vs Rent
Buy
Days on Market
20
Supply
2.1 mo
Rent
$1,271
Val. Gap
+38.9%
44109
Cleveland, Cuyahoga
75
Median Price
$146,322
YoY
+0.9%
Payment Burden
22.4%
Buy vs Rent
Buy
Days on Market
32
Supply
3.6 mo
Rent
$1,128
Val. Gap
-14.6%
44118
University Heights, Cuyahoga
72
Median Price
$244,897
YoY
+2.0%
Payment Burden
21.2%
Buy vs Rent
Buy
Days on Market
26
Supply
2.9 mo
Rent
$1,503
Val. Gap
-72.6%
44145
Westlake, Cuyahoga
79
Median Price
$213,500
YoY
+5.3%
Payment Burden
12.8%
Buy vs Rent
Buy
Days on Market
17
Supply
1.4 mo
Rent
$1,878
Val. Gap
-11.3%

Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.

Every ZIP market page in Cleveland Metro (51)