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Market Snapshot

Median listing price
$87K

The median listing price in Cleveland, OH ZIP 44110 is $86,500 as of June 2026.

Median rent
$999/mo

The median market rent in Cleveland, OH ZIP 44110 is $999/month as of June 2026.

Days on market
426 days

The median days on market in Cleveland, OH ZIP 44110 is 426 days as of June 2026. The market is currently hot.

Gross rental yield
13.86%

At a median list price of $86,500 and a median rent of $999/month, the gross rental yield in Cleveland, OH ZIP 44110 is 13.86% as of June 2026.

STR vs LTR
$1,052/mo STR · $999/mo LTR

In Cleveland, OH ZIP 44110, median Airbnb revenue is $1,052/month compared to median long-term rent of $999/month as of June 2026.

Cleveland, OH 44110 Real Estate Market Report

ZIP Code: 44110

Report Date: June 2026

Market Temperature:
HOT

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
48
Active Listings
19
Sold Properties
29

Market Metrics

Median Listing Price
$86,500
Median Sold Price
$85,000
Median Price per Sqft
$66/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
$999

Property Taxes

Property Tax Rate
1.54%

Liquidity & Velocity

Median Days on Market
426
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Cleveland, OH are averaging 6.63%, which reflects the prevailing market conditions for June 2026.

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


Key Findings

  1. The neighborhood's primary market value is represented by median sold price: $85,000; with the market temperature classified as hot, sellers are operating in a stronger pricing backdrop but should still monitor transaction pace before pricing decisions.
  2. Comparing median listing price: $86,500 to the median sold price: $85,000 suggests modest listing-to-sale pricing friction that may indicate sellers are pricing slightly above recently realized transactions and could need to adjust to secure offers.
  3. Liquidity shows slower sales velocity as indicated by median days on market: 426, which suggests extended time to close deals despite a hot market temperature and may require sellers to plan for longer listing timelines.
  4. Market-level unit economics reflected by median price per square foot: $66.08 alongside a rising rent trend (up) point to improving rental support, but elevated interest rate pressure (elevated) and prevailing 30-year fixed mortgage rates averaging 6.63% may constrain buyer affordability and moderate transaction activity.

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

839 E 146th St, Cleveland, OH 44110
Top Sale

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

3 beds1 baths1,332 sqft
$4,315,716
Apr 1, 2026
$3,240/sqft/sqft
696 days on market
323 Groveland Club Dr, Cleveland, OH 44110
Premium

Sold above market average

4 beds1 baths1,310 sqft
$210,000
Apr 1, 2026
$160/sqft/sqft
285 days on market
13706 Argus Ave, Cleveland, OH 44110
Premium

Sold above market average

3 beds1 baths984 sqft
$179,000
May 1, 2026
$182/sqft/sqft
696 days on market
986 Evangeline Rd, Cleveland, OH 44110
Market Benchmark

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

3 beds1 baths1,376 sqft
$95,000
Apr 1, 2026
$69/sqft/sqft
115 days on market
14917 Darwin Ave, Cleveland, OH 44110
Market Benchmark

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

4 beds2 baths1,456 sqft
$95,000
Mar 1, 2026
$65/sqft/sqft
457 days on market
14117 Sylvia Ave, Cleveland, OH 44110
Market Benchmark

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

3 beds1 baths1,514 sqft
$95,000
Mar 1, 2026
$63/sqft/sqft
417 days on market
834 Rudyard Rd, Cleveland, OH 44110
Value

Sold below market average

3 beds1 baths1,401 sqft
$56,000
Mar 1, 2026
$40/sqft/sqft
15305 Parkgrove Ave, Cleveland, OH 44110
Value

Sold below market average

3 beds1 baths1,406 sqft
$50,000
Apr 1, 2026
$36/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

$434/mo
44110 Avg Rent
44110 Cost to Own
Rent$999
Own$565

20% down, 6.53% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

44110 Avg nightly rate
44110 Avg occupancy (days/year)
Nightly rate$100/night
Occupancy122 of 365 days

Data Sources

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

Report generated: 6/1/2026

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