Cleveland Real Estate Prices Surge in December

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Cleveland's real estate market in December 2026 saw robust price growth, with the median listing price rising 5% year-over-year to $150,000. This defied the national trend, where prices dipped slightly. Active listings remained steady, even as new listings declined, suggesting a balanced market between buyers and sellers. Homes spent a median of 62 days on the market, faster than the national average of 73 days.

Why it matters

Cleveland's real estate market performance in December highlights the city's continued appeal as an affordable yet vibrant place to live, with a healthy balance between supply and demand. The data suggests Cleveland is bucking national trends, maintaining stability and price appreciation in a challenging market environment.

The details

Cleveland's active listing count in December 2026 reached 796, a 0.6% year-over-year increase, contrasting with the national surge of 12.1%. However, newly listed homes declined by 5.1%, more than the national drop of 1.8%. This indicates Cleveland's market is maintaining equilibrium, with steady absorption of available properties. The median listing price jumped 5.0% to $150,000, outpacing the national 0.6% dip. Price reductions also became less common, falling 2.9 percentage points to 11.7% of listings.

• In December 2026, Cleveland's real estate market saw these trends.
• Compared to the previous year in December.