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Market Snapshot

Median listing price
$143K

The median listing price in Cleveland, OH ZIP 44102 is $142,900 as of June 2026.

Median rent
$1,095/mo

The median market rent in Cleveland, OH ZIP 44102 is $1,095/month as of June 2026.

Days on market
237 days

The median days on market in Cleveland, OH ZIP 44102 is 237 days as of June 2026. The market is currently neutral.

Gross rental yield
9.20%

At a median list price of $142,900 and a median rent of $1,095/month, the gross rental yield in Cleveland, OH ZIP 44102 is 9.20% as of June 2026.

STR vs LTR
$2,398/mo STR · $1,095/mo LTR

In Cleveland, OH ZIP 44102, median Airbnb revenue is $2,398/month compared to median long-term rent of $1,095/month as of June 2026.

Cleveland, OH 44102 Real Estate Market Report

ZIP Code: 44102

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
136
Active Listings
60
Sold Properties
76

Market Metrics

Median Listing Price
$142,900
Median Sold Price
$141,000
Median Price per Sqft
$107/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,095

Property Taxes

Property Tax Rate
1.61%

Liquidity & Velocity

Median Days on Market
237
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood's primary indicator of market value, the $141,000 median sold price, suggests recent transactions are clustered near asking levels (median listing price $142,900), indicating a generally balanced market where sellers' expectations are largely aligned with final sale outcomes.
  2. The 237 median days on market points to slower sales velocity and pricing friction; combined with a relatively constrained active supply in the analyzed sample, this may indicate buyers are taking longer to transact and negotiations could favor price concessions.
  3. The $1,095 median market rent and a median price per square foot of 107 support ongoing rental demand and provide context for investor interest, while the rent year-over-year trend is up, suggesting rental income pressure is positive even as for-sale prices show localized softness.
  4. Price momentum is weakening locally — price year-over-year trend is down while market temperature is neutral and interest rate pressure is elevated; together these signals suggest caution for short-term appreciation and a higher sensitivity to financing costs for buyers.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

10710 Edgewater Dr, Cleveland, OH 44102
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

8 beds6 baths6,732 sqft
$3,150,000
Apr 1, 2026
$468/sqft/sqft
111 days on market
2063 W 99th St, Cleveland, OH 44102
Premium

Sold above market average

3 beds1 baths1,160 sqft
$1,096,000
May 1, 2026
$945/sqft/sqft
3342 days on market
2170 W 83rd St, Cleveland, OH 44102
Premium

Sold above market average

4 beds1 baths1,811 sqft
$1,096,000
May 1, 2026
$605/sqft/sqft
130 days on market
3500 W 97th St, Cleveland, OH 44102
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,231 sqft
$147,000
Mar 1, 2026
$119/sqft/sqft
97 days on market
9514 Kirkwood Ave, Cleveland, OH 44102
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,327 sqft
$145,000
Mar 1, 2026
$109/sqft/sqft
139 days on market
2091 W 100th St, Cleveland, OH 44102
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds1 baths1,618 sqft
$143,000
Mar 1, 2026
$88/sqft/sqft
270 days on market
3207 W 97th St, Cleveland, OH 44102
Value

Sold below market average

3 beds1 baths1,343 sqft
$52,000
Mar 1, 2026
$39/sqft/sqft
3180 W 46th St, Cleveland, OH 44102
Value

Sold below market average

4 beds1 baths1,479 sqft
$51,000
Apr 1, 2026
$34/sqft/sqft
102 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$152/mo
44102 Avg Rent
44102 Cost to Own
Rent$1,095
Own$943

20% down, 6.50% rate, 1.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

44102 Avg nightly rate
44102 Avg occupancy (days/year)
Nightly rate$145/night
Occupancy179 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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