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CLEVELAND, OH 44118

Real Estate Market Report  ·  Cuyahoga County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 44118

Bexley Park · Boulevard · Cedar Green · Cedar Lee · Cedar Taylor · Courtyards of Severance · Coventry (Euclid Heights) · Coventry Village · East Cleveland · Forest Hill (Forest Hills) · John Carroll (John Carroll University) · Malvern · Mercer · Minor Heights · Overlook · Purvis · Severance · Shaker Lakes · South Euclid · Taylor Heights · The Circle · University Corners · University Heights · University Square · Wiley

Market Analysis

Data as of April 2026. Source: Realtor.com.

The CLEVELAND, OH real estate market (44118) currently shows 164 active listings, with 78 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.

The median listing price has risen 2.2% year-over-year, from $281,150 to $287,225.

Whether you are buying or selling in CLEVELAND, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 41,037  ·  Density: 2,247.6/mi²  ·  Median household income: $73,361

Typical home value: $189,757  ·  Homeownership: 61.5%

Market Overview

Active Listings
164
⇩ 12.8% vs 188 last year
Pending
78
48% pending ratio
Median Price
$287,225
⇧ 2.2% vs $281,150 last year
Average Price
$346,641
⇧ 16.1% vs $298,688 last year
Days on Market
35
vs 35 days last year

Price Per Square Foot

Median $/sqft
$141
⇧ 5.2% vs $134/sqft last year
Median Home Size
2,157 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 164 this year vs 188 last year
  • Days on market: 35 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $287,225 (+2.2% YoY)
  • Average: $346,641 (+16.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.8 miles — 719 listings ($199,751,123 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44118Cleveland, OH 441180.0 mi115$39,057,220$272,250$339,628
44120Cleveland, OH 441202.3 mi107$23,466,812$186,250$219,316
44106Cleveland, OH 441062.6 mi67$25,932,015$284,950$387,045
44108Cleveland, OH 441083.8 mi89$22,104,040$109,925$248,360
44110Cleveland, OH 441104.4 mi51$5,636,316$109,900$110,516
44103Cleveland, OH 441034.6 mi22$2,245,342$79,250$102,061
44117Euclid, OH 441175.1 mi19$3,144,234$161,700$165,486
44127Cleveland, OH 441275.2 mi14$816,662$57,750$58,333
44119Cleveland, OH 441195.9 mi30$4,460,940$145,000$148,698
44114Cleveland, OH 441146.3 mi4$1,617,900$464,450$404,475
44125Cleveland, OH 441257.2 mi97$16,506,878$156,000$170,174
44113Cleveland, OH 441137.3 mi93$38,350,038$357,450$412,366
44040Gates Mills, OH 440407.8 mi11$16,412,726$1,250,000$1,492,066

Frequently Asked Questions

How many homes are for sale in CLEVELAND, OH 44118?

As of April 2026, there are 164 active listings in CLEVELAND, OH (zip code 44118), compared to 188 the prior year.

What is the median home price in CLEVELAND, OH 44118?

The median listing price in CLEVELAND, OH 44118 is $287,225 as of April 2026, a 2.2% increase from $281,150 the prior year.

How long do homes stay on the market in CLEVELAND, OH?

Homes in CLEVELAND, OH 44118 spend an average of 35 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in CLEVELAND, OH 44118?

Based on current inventory and days-on-market data as of April 2026, CLEVELAND, OH 44118 is currently a Balanced Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.

How much can I save on real estate commission in CLEVELAND, OH?

With SELL123.com's maximum 3% commission, sellers in CLEVELAND, OH 44118 save an estimated $5,745 compared to a typical 5% commission on the median listing price of $287,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.