Cleveland, OH 44110 Real Estate Market Report

ZIP Code: 44110
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Cleveland, OH (ZIP: 44110) market is currently characterized by a median sold price of $74,500, reflecting a stable market environment. The neighborhood has increased up since 2023, indicating a positive trend in property values. Despite this, the market is experiencing elevated inventory levels, which may suggest a slower transaction volume as buyers have more options to consider. The median days on market stands at 245 days, indicating a prolonged sales cycle that may be impacting liquidity and overall market dynamics.

With a median listing price of $109,900, there is a notable gap between listing and sold prices, which may create pricing friction for sellers. The current median market rent is $1,296, suggesting a robust rental market that could attract investors. Elevated interest rate pressure, with current mortgage rates averaging between 5.875% to 6.035%, may further influence buyer behavior and overall market activity in the coming months.

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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.

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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.

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Rental Market

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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.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for Cleveland OH 44110 area property owners average around 5.875% to 6.035%, which is slightly lower than the average rates seen at the start of 2026.

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

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Key Findings

1. $74,500 is the median sold price, indicating a stable market despite elevated inventory levels.

2. The median days on market is 245 days, suggesting a slower sales velocity and potential pricing friction for sellers.

3. The median listing price of $109,900 reflects a significant gap compared to the sold price, indicating potential negotiation opportunities for buyers.

4. The market temperature is currently hot, suggesting strong demand despite elevated interest rate pressure.

5. With a median market rent of $1,296, the rental market remains attractive, potentially drawing in more investors.

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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.