Cleveland, OH
Balanced's marketCash-flow-friendly fundamentals: 14.5% gross rent yield and 58% of sales closing below list make Cleveland a steady BRRRR and rental market.
DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026
| Detail | Value | Detail | Value |
|---|---|---|---|
| Median list price | $141,417 | Median sale price | $115,083 |
| Sale-to-list ratio | 0.981 | % sold below list | +57.6% |
| Active inventory | 1,071 | New listings | 353 |
How Cleveland has moved.
Cleveland sits at a median home value of $117,703 as of the latest Zillow read, down 2.1% year-over-year — a meaningful softening that’s putting deal flow back on the table for cash buyers.
The sale-to-list ratio of 0.981 signals a balanced market — neither bid wars nor fire sales dominate. 57.6% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.
Rents tell a stronger story. The Zillow Observed Rent Index for Cleveland is $1,425/mo against a $118k median — that’s a 14.53% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.
Median days-on-market is running around 14 days against 1,071.333 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.
MDR’s composite investor score for Cleveland is 78/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. That puts it in our top tier — actively recommended for new capital deployment this cycle.
The same data, five operator lenses.
Lead lists, sourcing channels, and disposition strategies tuned to the local market.
ARV math, rehab scope, and exit timing for the local buyer profile.
Buy-rehab-rent-refi-repeat math tuned to local rents, prices, and DSCR.
Buy-and-hold rental analysis tuned to local rents, taxes, and tenant mix.
Subject-to, seller financing, wraps, and lease-options sized for the local market.
Cleveland for investors.
Is Cleveland a good market for real estate investors in 2026?
Metro Deal Report's composite investor score for Cleveland is 78/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. That puts Cleveland in our top tier — actively recommended for new capital deployment this cycle.
What is the median home price in Cleveland?
The typical home value in Cleveland as of the most recent Zillow read is $117,703. Median list price is $141,417 and median sale price is $115,083. Year-over-year change: -2.1%.
What can a landlord expect to rent a property for in Cleveland?
Zillow's Observed Rent Index for Cleveland is $1,425/mo. Against the typical home value of $118k, that produces a gross annual rent yield of 14.53% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.
Is Cleveland a buyer's or seller's market?
Cleveland's current sale-to-list ratio is 0.981 with 57.6% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 14 days. Active inventory: 1,071 listings.
Which investment strategy works best in Cleveland?
Cleveland's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/cleveland, /brrrr/cleveland, and /flipping/cleveland.
Loan options for Cleveland properties.
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