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Cleveland

Discover snowy winters, sports fans, and Lake Erie, along with waterfront flats and affordable suburban homes in this Rust Belt city.

Housing Data

24,100

Jobs Created
2.3%

$54,309

Median Household Income
4.2%

2,958

Total Housing Permits
-9.8%

89

Total Number of Projects
1.1%

$310,118

SFD New Home List Price
9.4%

331

New Home Sales
7.5%
Monthly

Market Health

Cleveland's population is 2.1M, with a total workforce of 1.1M. The labor market grew by 24,100 jobs over the past year, up by 2.3%. The median household income in Cleveland is $54,309, 4.2% higher than last year and 11.5% below the national average of $61,372. In the housing market, total permits issued totaled 2,958 over the last twelve months, down 9.8% year-over-year.

Cleveland has 89 active new home projects on the market, 1.1% more than the 88 from last year. The average list price in the market is $310,118, 9.4% higher than last year and 3.1% below the national average. Over the last three months, new home contracts increased by 7.5% to 331. North Ridgeville and Medina had the highest concentration of the new home contracts in the Cleveland market.

Our Experts

Work with leaders in the industry.

Lloyd Vaughn

Vice President Sales, Central

Lloyd Vaughn

Vice President Sales, Central


Steve LaTerra

Managing Director

Steve LaTerra

Managing Director


Michael Timmerman

Senior Vice President

Michael Timmerman

Senior Vice President


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