Cleveland Real Estate Market Trends & Statistics 2017-2018
Cleveland, Ohio is located on the southern shore of Lake Erie, about 60 miles west of the Pennsylvania border. Downtown Cleveland has experienced a renaissance over the past five years, with an estimated $19 billion in development completed or planned since 2010. Occupancy rates are at an astonishing 98% and home sales are up 12% year after year.
Bonus: you can still buy properties at a fraction of their mid-2000 prices in B neighborhoods for $70,000 -85,000 that rent for $800-$1000/month. Watch the video above to learn more about the Cleveland real estate market for 2018.
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- For more in depth information check out our Cleveland Best Market page.