Back to today’s briefing

Story perspectives

Cleveland Home Prices Surge 10.9%, Still Among Lowest

12/2/2025

50 11 Full Breakdown

Summary

Story summary

The median price in Cleveland rose 10.9% from $230,000 in October 2024 to $255,000 in October 2025, the highest YoY increase among U.S. metro areas, per Remax.
Despite the rise, Cleveland's median price remains the third-lowest nationally, behind Pittsburgh and Wichita.
In October, listings reached 2,690 and closed transactions rose to 2,139, up 5.8% and 8.4%.
Homes spent 34 days on the market, well below the 50-day national average.

1 of 1

Story summary

The median price in Cleveland rose 10.9% from $230,000 in October 2024 to $255,000 in October 2025, the highest YoY increase among U.S. metro areas, per Remax.
Despite the rise, Cleveland's median price remains the third-lowest nationally, behind Pittsburgh and Wichita.
In October, listings reached 2,690 and closed transactions rose to 2,139, up 5.8% and 8.4%.
Homes spent 34 days on the market, well below the 50-day national average.