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Recently Sold Price History in Cleveland
Cleveland, Ohio, offers a diverse and affordable real estate market with a range of sold prices to suit various budgets. The city’s real estate market has experienced steady growth in recent years, making it an attractive destination for both homebuyers and investors. The average sold price for residential properties in Cleveland is around $150,000, with a wide selection of housing options available, including single-family homes, townhouses, and condominiums.
While the average sold price provides a general overview, it’s important to note that prices can vary significantly depending on the neighborhood and property type. Some of the more sought-after neighborhoods, such as Ohio City, Tremont, and University Circle, tend to have higher sold prices due to their desirable locations and amenities. On the other hand, there are also more affordable neighborhoods in Cleveland where buyers can find properties at lower price points, such as Old Brooklyn, Collinwood, and Kamm’s Corners.
About Cleveland, Ohio
Cleveland is a vibrant city located in the state of Ohio, in the United States. It is the second-largest city in the state, with a population of over 380,000 people. Known as the “Rock and Roll Capital of the World,” Cleveland has a rich cultural heritage and a thriving arts and music scene. The city is situated on the southern shore of Lake Erie, providing stunning waterfront views and a variety of recreational activities.
As the county seat of Cuyahoga County, Cleveland is the economic and cultural hub of the region. The city has a diverse economy, with industries ranging from manufacturing and healthcare to finance and technology. It is home to several Fortune 500 companies and has a strong entrepreneurial spirit, fostering innovation and growth. Cleveland’s strategic location in the Midwest makes it a major transportation hub, with easy access to highways, railways, and an international airport.
Cleveland offers a wide range of attractions and entertainment options for residents and visitors alike. The city is renowned for its world-class museums, including the Cleveland Museum of Art, the Rock and Roll Hall of Fame, and the Great Lakes Science Center. Sports enthusiasts can cheer on their favorite teams at Progressive Field, home of the Cleveland Indians, or at Rocket Mortgage FieldHouse, where the Cleveland Cavaliers play. The city also boasts a vibrant culinary scene, with diverse dining options that cater to all tastes.
With its affordable cost of living, strong job market, and excellent educational institutions, Cleveland is an attractive place to live and work. The city is home to several prestigious universities and colleges, including Case Western Reserve University and Cleveland State University. Residents can enjoy a high quality of life, with a variety of neighborhoods offering different lifestyles and amenities. From the historic charm of Ohio City to the trendy vibe of the Flats East Bank, Cleveland has something for everyone.
Cleveland average home prices
The average home price in Cleveland, Ohio has been steadily increasing over the past few years. According to recent data, the average price of a house in Cleveland is around $150,000. This figure takes into account a wide range of properties, from small apartments to larger single-family homes. It is important to note that the average home price can vary depending on the neighborhood and specific features of the property.
In addition to the average home price, another important statistic to consider is the average days on market. This refers to the number of days it takes for a property to sell after being listed on the market. In Cleveland, the average days on market for houses is currently around 60 days. This indicates a relatively healthy real estate market, where properties are selling within a reasonable timeframe. However, it is worth noting that this figure can fluctuate depending on various factors such as the time of year and the overall demand for housing in the area.
