Market Intelligence · OH / Cleveland

Cleveland, OH 44118 Housing Market

The typical home value in Cleveland's 44118 ZIP code is $252,976, up 1.7% over the past year. The median list price is $274,900, and homes are spending a median of 41 days on the market.

Updated August 2026Median value$253K

The median home value in Cleveland, OH 44118 is $253K as of August 2026, up 1.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 44118 range

$233K to $273K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.7% over 12 months

Typical home value in 44118 over the last 12 months: $249K in Aug 2025 to $253K in Aug 2026 (+1.7%).

Aug 2025$249K

Aug 2026$253K

The numbers

What is the 44118 housing market like?

Typical home value

$253K

Up1.7%YoY

Median list price

$275K

Down3.5%MoM

Days on market

41

Up10.8%MoM

Homes for sale

117

Up12.5%MoM

Price cuts

25.4%

Up14.5%MoM

New listings

72

Up28.6%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 44118 home prices compare?

  • 44118$252,976
  • Cleveland$161,923
  • Ohio$225,688
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Cleveland: 28 ZIPs; Ohio: 1,024 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there were 117 homes for sale in 44118, with 72 new listings coming onto the market. The median list price sits at $274,900, while the typical home value is $252,976, up 1.7% over the past year. Homes are moving at a moderate pace, with a median of 41 days on market. About 25.4% of listings have taken a price cut, which suggests some sellers are adjusting to meet buyers. For a seller here, pricing accurately from the start matters more than testing the high end.

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