Real estate growth slows as rents continue to rise
CLEVELAND, Ohio - What is the state of Greater Cleveland's real estate market? The median home sales price in Ohio in August was $230,100, accordin...
CLEVELAND, Ohio - What is the state of Greater Cleveland's real estate market? The median home sales price in Ohio in August was $230,100, according to the real estate website Redfin, which represents a share of online real estate listings. While this was a slightly lower median value than the previous month, this was still a 6.23% increase for Ohio from the year prior, while the average increase in home value for the entire country was 7.7%. Within Greater Cleveland, new home sale prices are typically higher or match the median home value in the state.