Housing in Cleveland

Cleveland's housing market runs genuinely affordable, though this record discloses a real, wide, three-way price spread across sources worth understanding directly before setting a budget.

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Zillow's average home value

Zillow's average home value ran $148,435, down a real 3.9% year-over-year -- Cleveland's primary affordability figure in this record (base record).

A real, disclosed spread against two separate figures

A separate active-listing median LISTING price (not sold price) ran $172,000 as of July 2026 (~$92/sq ft), and an older, ACS-derived median property value figure cited $162,300 (2023 data) -- this record discloses all three rather than resolving to one number (base record).

A real, ongoing population decline's effect on the market

Cleveland's real, substantial, ongoing population decline (from a peak of ~13,803 in 2000 to ~9,701-10,256 in 2026) is a relevant, disclosed context for understanding the city's genuinely affordable but declining-value housing market.

Confirm current, address-specific listings directly

Given the real, disclosed three-way price spread, confirm current listings and recent comparable closed sales directly with a local agent before setting a firm budget.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.