Cleveland, OH 44135 Real Estate Market Report

ZIP Code: 44135
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.

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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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Property Taxes

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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 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.

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Key Findings

1. The neighborhood’s primary market indicator, the median sold price, is $141,000, which reflects recent transactional market value while the market temperature remains neutral and price year‑over‑year trend is up, suggesting moderate price appreciation backed by closed sales.

2. The median days on market is 246 days, indicating slower sales velocity and potential pricing friction that sellers should address with realistic pricing or targeted marketing to accelerate transaction timing.

3. The median listing price of $162,450 sits above the median sold price of $141,000, which may indicate seller price expectations exceeding recent transaction levels and could require concessions or adjusted list strategies to achieve quicker closes.

4. Median market rent is $1,450 and rent year‑over‑year trend is up; combined with moderate interest rate pressure (moderate), rising rents may support sustained investor interest in rental cashflow, though financing costs remain a caution for acquisition timing.

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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.