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Market Snapshot

Median listing price
$87K

The median listing price in Cleveland, OH ZIP 44105 is $87,450 as of June 2026.

Median rent
$1,095/mo

The median market rent in Cleveland, OH ZIP 44105 is $1,095/month as of June 2026.

Days on market
269 days

The median days on market in Cleveland, OH ZIP 44105 is 269 days as of June 2026. The market is currently neutral.

Gross rental yield
15.03%

At a median list price of $87,450 and a median rent of $1,095/month, the gross rental yield in Cleveland, OH ZIP 44105 is 15.03% as of June 2026.

STR vs LTR
$743/mo STR · $1,095/mo LTR

In Cleveland, OH ZIP 44105, median Airbnb revenue is $743/month compared to median long-term rent of $1,095/month as of June 2026.

Cleveland, OH 44105 Real Estate Market Report

ZIP Code: 44105

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
109
Active Listings
44
Sold Properties
65

Market Metrics

Median Listing Price
$87,450
Median Sold Price
$87,000
Median Price per Sqft
$65/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
1.70%

Liquidity & Velocity

Median Days on Market
269
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
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 44105 area average 6.6%, reflecting a stable market environment for property owners compared to the 2026 year-to-date range of 5.98% to 6.46%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. $87,000 median sold price is the primary indicator of realized market value in 44105 and represents the most reliable snapshot of recent transaction activity; treat this as the representative recent sale when benchmarking offers or underwriting comps.
  2. The market shows slower sales velocity as indicated by a median days on market of 269, which suggests extended marketing periods and potential pricing friction rather than rapid turnover; sellers should expect longer listing durations and buyers may have more negotiation runway.
  3. There is modest upward pressure in broader pricing trends (price year-over-year trend: up) while the median listing price of $87,450 sits only slightly above the median sold price, indicating some seller optimism but overall near-market alignment; this gap appears to reflect localized pricing friction rather than a large valuation mismatch.
  4. Liquidity and supply dynamics appear relatively constrained in the analyzed sample, consistent with a neutral market temperature (market temperature: neutral) and moderate financing headwinds (interest rate pressure: moderate); concurrently, rent fundamentals are strengthening (rent year-over-year trend: up), which may support investor interest over time.

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

4137 E 110th St, Cleveland, OH 44105
Top Sale

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

4 beds1 baths1,896 sqft
$4,315,716
Apr 1, 2026
$2,276/sqft/sqft
3718 E 59th St, Cleveland, OH 44105
Premium

Sold above market average

4 beds2 baths1,798 sqft
$4,315,716
Apr 1, 2026
$2,400/sqft/sqft
3580 Gerome Ct, Cleveland, OH 44105
Premium

Sold above market average

3 beds2 baths1,736 sqft
$235,300
Apr 1, 2026
$136/sqft/sqft
118 days on market
7005 Park Ave, Cleveland, OH 44105
Market Benchmark

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

2 beds1 baths1,190 sqft
$92,100
Apr 1, 2026
$77/sqft/sqft
115 days on market
3552 E 110th St, Cleveland, OH 44105
Market Benchmark

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

3 beds1 baths1,317 sqft
$92,000
Apr 1, 2026
$70/sqft/sqft
129 days on market
3618 E 105th St, Cleveland, OH 44105
Market Benchmark

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

3 beds1 baths1,101 sqft
$92,000
Mar 1, 2026
$84/sqft/sqft
12513 Maplerow Ave, Garfield Heights, OH 44105
Value

Sold below market average

3 beds1 baths1,252 sqft
$50,000
Apr 1, 2026
$40/sqft/sqft
7831 Finney Ave, Cleveland, OH 44105
Value

Sold below market average

5 beds1 baths1,354 sqft
$50,000
Apr 1, 2026
$37/sqft/sqft

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

$505/mo
44105 Avg Rent
44105 Cost to Own
Rent$1,095
Own$590

20% down, 6.53% rate, 1.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

44105 Avg nightly rate
44105 Avg occupancy (days/year)
Nightly rate$89/night
Occupancy90 of 365 days

Data Sources

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

Report generated: 6/1/2026

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