Brokers — List your Company Here
Featured local agent — Cleveland, IL
Sarah Mitchell
Compass Real Estate · Cleveland, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Cleveland, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$220,000median sale price
How is the Cleveland, IL housing market right now?
The median home sale price in Cleveland, IL is $220,000. Homes sell in an average of 530 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cleveland a buyer's or seller's market?
Cleveland, IL is currently a balanced market, based on 2.0 months of supply and homes selling in about 530 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
530
Average pace
Active listings
2
2.0 months supply
Sale-to-list
88.0%
Below asking
What does the Cleveland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $220,000 |
| Median list price | $139,000 |
| Average days on market | 530 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 88.0% |
| Median price per sq ft | $137/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Cleveland by property type?
How the Cleveland, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $220,000 | $137/sq ft | 1 | 530 days |
Source: Redfin · Updated monthly
The Cleveland housing market is currently classified as a balanced market with a median sale price of $220,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 530 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Cleveland
There are currently 2 homes listed for sale in Cleveland, Illinois. The median listing price is $139K.
Active listings
2
Homes on market
Median list price
$139K
Avg. days on market
530
Days until sale
New this week
1
Newly listed
Who lives in Cleveland?
Population
214
Median income
$81,875/yr
Median age
45.2 years
Owner-occupied
94.8%
College grads
13.2%
Avg commute
25.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Cleveland?
Cleveland is a community of approximately 0K residents with a median age of 45.2 years.The median household income is $81,875, which reflects a relatively affluent area with strong earning potential. 13.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 94.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cleveland offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Cleveland, IL?
Want a head-to-head view? Compare Cleveland side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cleveland?
The median home sale price in Cleveland is $220,000, down 0.0% from last year.
How long do homes stay on market in Cleveland?
Homes typically spend 530 days on market before going under contract.
What is the median income in Cleveland?
The median household income is $81,875 per year.
Is Cleveland a buyer's or seller's market?
With 2.0 months of supply, Cleveland is currently a balanced market.
How much does a single-family home cost in Cleveland?
The median single-family home price in Cleveland, IL is $220,000 (about $137 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Cleveland, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Cleveland market alerts
Weekly updates on prices, inventory, and trends. Free forever.