Thursday, April 17, 2025

Cleveland leads nation in home price growth

For young people wanting an affordable starter home in a market with big-city
amenities, Cleveland delivers. But it might not stay cheap for long. This is
Cleveland’s Old Brooklyn neighborhood (Nile Vincz for Homes.com).
CLICK IMAGES TO ENLARGE THEM.

Greater Cleveland led the nation in home price appreciation in March, but the metro area’s median prices are still far below the national benchmark. In fact, according to a new report, the Cleveland market has the lowest median sales price among the 40 largest US markets. But that might not be the case for much longer.

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