Market Snapshot
- Median listing price
- $100K
- Median rent
- $1,000/mo
- Days on market
- 374 days
- Gross rental yield
- 12.01%
- STR vs LTR
- $1,949/mo STR · $1,000/mo LTR
The median listing price in Cleveland, OH ZIP 44104 is $99,900 as of June 2026.
The median market rent in Cleveland, OH ZIP 44104 is $1,000/month as of June 2026.
The median days on market in Cleveland, OH ZIP 44104 is 374 days as of June 2026. The market is currently neutral.
At a median list price of $99,900 and a median rent of $1,000/month, the gross rental yield in Cleveland, OH ZIP 44104 is 12.01% as of June 2026.
In Cleveland, OH ZIP 44104, median Airbnb revenue is $1,949/month compared to median long-term rent of $1,000/month as of June 2026.
Cleveland, OH 44104 Real Estate Market Report
ZIP Code: 44104
Report Date: June 2026
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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in the 44104 area average 6.63%, reflecting a stable market environment for property owners compared to earlier 2026 levels.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's primary market indicator is the 81,000 median sold price, which points to recent transaction-level value and should be treated as the representative recent sale benchmark for pricing decisions.
- There is a substantial gap between the 99,900 median listing price and the 81,000 median sold price, which may indicate pricing friction and seller optimism relative to completed transactions; this appears alongside slower sales velocity given extended marketing times.
- The 374 median days on market signals prolonged time to close and suggests slower transaction volume rather than immediate liquidity; sellers and investors should plan for elongated holding periods when underwriting deals.
- Market dynamics show up price year-over-year trend and up rent year-over-year trend, while interest rate pressure is characterized as moderate, indicating strengthening price and rent momentum but with financing headwinds to monitor.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold at market average
Sold above market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 1.5% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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