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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

13,200

Jobs Created
1.2%

$56,896

Median Household Income
1.2%

2,997

Total Housing Permits
2.8%

103

Total Number of Projects
.0%

$346,293

SFD New Home List Price
10.5%

0

New Home Sales
7.0%
Monthly

Market Health

Cleveland s population is 2.1M, with a total workforce of 1.1M. The labor market grew by 13,200 jobs over the past year, up by 1.2%. The median household income in Cleveland is $56,896, 1.2% higher than last year and 9.9% below the national average of $63,179.
In the housing market, total permits issued totaled 2,997 over the last twelve months, up 2.8% year-over-year. Cleveland has 103 active new home projects on the market, unchanged from the 103 from last year. The average list price in the market is $346,293, 10.5% higher than last year and 0.5% below the national average. Over the last three months, new home contracts increased by 7.0% to 365. North Ridgeville and Avon had the highest concentration of the new home contracts in the Cleveland market.

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