With only 1.0 months of inventory, Cleveland remains a seller's market. The median home price in Cleveland currently stands at $123,750. At the current pace, all available homes in Cleveland would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 134 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Cleveland market with the affordability index at 778.3. Looking ahead, the Cleveland market is expected to maintain its current trajectory with relatively stable conditions.