Cleveland, OH 44110 Real Estate Market Report

ZIP Code: 44110
Report Date: May 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.

---

Market Metrics

Note: 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

---

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 Cleveland, OH, are averaging 6.37%, which is consistent with the 2026 year-to-date average of 6.40% for typical loans in this area.

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

---

Key Findings

1. Median sold price 85,000 is the primary indicator of recent market value in ZIP 44110 and represents what buyers have actually paid in completed transactions; this suggests seller expectations should be calibrated to that realized price rather than asking price levels. neutral market temperature

2. There is a meaningful gap between median listing price 92,500 and median sold price 85,000, which may indicate pricing friction where asking prices exceed recent transaction levels and could lead to longer negotiation timelines. moderate pricing spread

3. Median days on market 341 points to slower sales velocity and prolonged time-to-contract in the analyzed sample, which may encourage sellers to use targeted pricing or incentives to accelerate closings. down

4. Macro and rental signals show mixed support for stability: rent is trending up and market temperature is neutral, while interest rate pressure is elevated (local 30-year averages near 6.37%); these factors together suggest cautious buyer activity and potential pressure on affordability. elevated interest rate pressure

---

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.