What is the housing market like in Cleveland today?
In December 2024, Cleveland home prices were up 16.1% compared to last year, selling for a median price of $128K. On average, homes in Cleveland sell after 41 days on the market compared to 33 days last year. There were 344 homes sold in December this year, down from 347 last
Although it makes sense to see former Rust Belt cities such as Cleveland, topping the list of the most undervalued markets in which to buy a home, investing in these cities could be a smart move as some city leaders have expanded their economies and attracted new businesses due to lower costs of doing business.
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Thank you