Welcome to this overview of Cleveland, a city in Ohio with an interesting real estate market. In this text, we’ll provide you with insights on the city’s housing market, home values, crime rates, and other neighborhood resources. Whether you’re a property investor, realtor, manager, or simply interested in learning more about Cleveland’s real estate landscape, read on to discover valuable information and resources.
OVERVIEW
Cleveland is a city in Ohio and consists of 40 neighborhoods. There are 1,690 homes for sale, ranging from $1K to $3.8M.
- Median listing home price: $129.9K
- Median listing home price/Sq ft: $89
- Median sold home price: $114K
REAL ESTATE MARKET IN CLEVELAND
Cleveland Housing Market Trends
In December 2023, Cleveland saw a 4.3% decline in home prices from the previous year, with a median price of $110K. Homes spent an average of 33 days on the market, compared to 38 days last year. The number of homes sold decreased to 347 from 360. Read more.
Cleveland Housing Market Trends and Forecast for 2024
The Cleveland housing market forecast for 2024 indicates a blend of buyer’s and seller’s market features. With a positive 1-year forecast and a stable outlook, there are no signs of a housing market crash. Key metrics show a promising trajectory for growth. Don’t miss out on the trends of the Cleveland housing market.
Cleveland Home Values
Check out Zillow’s report about Cleveland home values.
INTERESTING STORIES
‘Neighborhood revitalization’ cannot come at the cost of those who have called it home
The current housing market has been a real estate investor’s dream while those who are still renting property are taking the hit. Read more.
Inside the Bricks: My Changing Neighborhood
Gordon Square is in the middle of transformation and investment – a rapidly changing neighborhood falling into gentrification. Listen to this podcast.
NEIGHBORHOOD RESOURCES
Cleveland Crime Map
Cleveland registers a high crime rate of 60 per one thousand residents, making it one of the most dangerous cities in the U.S. According to NeighborhoodScout, the chance of falling victim to violent or property crime is one in 17, with a significant prevalence of both types of offenses. Read more.
Top Real Estate Agents
Looking for a real estate agent? Here are the 10 Top Real Estate Agents in Cleveland by sales transactions.
CLEVELAND HELPFUL REAL ESTATE ECONOMIC DEVELOPMENT RESOURCES
Community Development And Urban Renewal Associations
Community Development Support
- Burten, Bell, Carr Development, Inc.(BBC).
- MidTown Cleveland.
- West Park Kamm’s Neighborhood Development.
Small Business, Leadership, And Community Engagement
Community Support
- The USCRI Cleveland Field Office.
- United Way of Greater Cleveland.
- Greater Cleveland Community Shares.
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Community Outreach
DAWGS philanthropy efforts have touched many lives:
- Helping Veterans realize a brighter, better future
- Giving a homeless family hope and a newly furnished home
- Providing opportunities for inner city teenage girls to live happier and healthier lifestyles
- Rescuing dogs that have been abandoned
- Providing employment opportunities for individuals with developmental disabilities
Learn more here.
