Is Cleveland, OH 44114 a buyer’s or seller’s market?
Cleveland is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Cleveland housing market right now
In the three months ending August 31, 2026, 0% of homes in Cleveland, OH 44114 sold above their list price, the typical home went under contract in 9 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (24 days then) and the median sale price fell 31% to $125,846. Overall, Cleveland is less competitive than a year ago, which gives buyers more room.
Within Cuyahoga County, homes here sell faster than in 90% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Brookpark 44142 (57% sold over asking) and Cleveland 44130 (57% sold over asking) are even more competitive.
Run the numbers for 44114
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 6.4 months of supply in Cleveland, OH 44114 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 9 days in the latest three months.
Do homes in Cleveland sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.4% 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 $125,846 in the three months ending August 31, 2026, about $59 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