Is Cleveland, OH 44112 a buyer’s or seller’s market?
Cleveland is a buyer’s market. With about 9.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 21% of U.S. ZIP codes, and #459 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Cleveland housing market right now
In the three months ending August 31, 2026, 25% of homes in Cleveland, OH 44112 sold above their list price, the typical home went under contract in 63 days and there were 9.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 33 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (37 days then) and the median sale price rose 29% to $138,190. Overall, Cleveland is less competitive than a year ago, which gives buyers more room.
Within Cuyahoga County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in 78%. On our competition score, Cleveland ranks #459 of 489 OH ZIP codes with enough sales (score 26 out of 100).
Nearby, buyers who want less competition could look at Cleveland 44127 (0% sold over asking) or Cleveland 44114 (0% sold over asking), while Brookpark 44142 (57% sold over asking) and Cleveland 44130 (57% sold over asking) are even more competitive.
Run the numbers for 44112
Nearby markets
Bay Village 44140Seller’s market $270 /sq ftBeachwood 44122Seller’s market $202 /sq ftBedford 44146Seller’s market $146 /sq ftBerea 44017Seller’s market $170 /sq ft Browse all markets →Towns like Cleveland nearby
Find towns like Cleveland in other states →Where Cleveland is
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Questions about Cleveland real estate
Is Cleveland a buyer’s or seller’s market?
A buyer’s market: there were 9.3 months of supply in Cleveland, OH 44112 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cleveland?
The typical home went under contract in 63 days in the latest three months.
Do homes in Cleveland sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Cleveland?
About 2.00% of a home’s value a year in Cuyahoga County, or roughly $8,000 on a $400,000 home.
What is the median home price in Cleveland?
The median sale price was $138,190 in the three months ending August 31, 2026, about $71 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology