Cleveland

Located in Cuyahoga County, this Ohio city of 367,523 residents carries a median home price of $135,000, placing it well below national averages and making ownership accessible at an entry point that draws budget-conscious buyers. At $111 per square foot, buyers are getting an average of 1,849 square feet per home, which represents solid space relative to cost. The current market shows 1,587 active listings, giving shoppers a reasonable selection across the city's varied neighborhoods. The owner-occupied rate sits at 41.2 percent, meaning a majority of residents rent, a figure that reflects both affordability challenges tied to the median household income of $39,187 and the presence of an active investor market. Families with children will navigate the Cleveland Municipal School District when evaluating homes. The combination of low price points and available inventory continues to attract both first-time buyers and investors looking for rental property in a large Midwestern urban market.

Market description generated from current MLS and U.S. Census data.