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Located in northeast Ohio, the railroad development combined with its abundant natural resources, like iron and oil, brought good industrial growth with the new city. The city has been famous for its manufacturing area for durable goods. When the rest of the cities in the United States shifted to a more services-based economy, Cleveland also followed. The city has become a corporate world center for leading multinational companies for industries in insurance, banking, transportation, among others. Cleveland has been once a haven for immigrants, which spring the city's cultural identity from its history. The majority of those who choose to live in the city are a mix of young professionals, a mix of families, and college students who all came from different backgrounds and ethnicities. Because of the city’s growing job market, millennials have been flocking the city and continues to transform from being a Rust Belt to a metro area that is dramatically on the rise.

Home Prices

AVERAGE
205,692 +5%
MEDIAN
172,649 +11%

Relative Price (per sqft.)

PRICE
96 +9%

Listings

ACTIVE
583 -20%
NEW
236 +7%

Market Duration

DAYS
71 -1%
Population 390,113 (-18.10%)
House Size (sqft.) 1,647 (9.11%)