Is Cleveland, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleveland is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cleveland has remained a Seller's Market.

Key Takeaway

Cleveland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cleveland, WI

How much do homes in Cleveland, WI cost?

Median Sold Price

$254,900

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,900(+4.0%)

Key Takeaway

Homes in Cleveland have sold for 4% more than they did a year ago.

Summary: The median home sold price in Cleveland was $254,900 in October 2024, up 4% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$70K
N/A
2 $194.4K$155K
-20.3%
3 $245K$290K
+18.4%
4 $225K$240K
+6.7%
5+ $491.5K$337K
-31.4%

Summary: Cleveland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.3%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 31.4%.

Housing Supply in Cleveland, WI

How many homes are available in Cleveland, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Cleveland real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 10
-100.0%
3 03
+100.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Cleveland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleveland, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Cleveland in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cleveland, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Cleveland, WI

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