Cleveland Real Estate Market — May 2026 Update

If you own a property in the Cleveland metro and you're weighing whether to sell, hold, or rent it out, here's what the May 2026 data says.

Cleveland market snapshot — May 2026

Late spring is when Cleveland sellers see the most inquiries but also the highest fall-through rates as buyers chase financing and inspections. Cash closes side-step both.

$183,301 Median home value
$1,411/mo Median rent
8.9% Avg gross yield
25 Days on market (OH)
1.5% Property tax rate
90-150 days Foreclosure timeline

Source: Zillow Research (ZHVI + ZORI), May 2026. State-level figures from public records.

What this means if you're selling

Larger metros like Cleveland have deep buyer pools but also intense competition. The median home value across our 34 tracked Cleveland ZIPs is $183,301, and serious cash buyers are typically circling 3-5 properties at any given time.

Top-yield ZIPs in Cleveland

These are the ZIPs where investor and cash-buyer demand tends to be highest — driven by rental yield. If your property sits in one of these ZIPs, you're more likely to see competitive cash offers:

ZIP City Median value Median rent Gross yield
44137 Maple Heights $133,004 $1,570/mo 14.2%
44114 Cleveland $126,048 $1,436/mo 13.7%
44115 Cleveland $148,894 $1,612/mo 13%

Run your numbers

Wherever your Cleveland property sits on the value spectrum above, the math is what it is. The calculators below let you plug in your own numbers; the cash-offer button gets you a real, written number on your specific address.

Selling a home in Cleveland?

Get a free, no-obligation cash offer based on your specific property. Written offer in 24 hours, close in 7-21 days.