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How does the Ohio and Greater Cleveland housing markets stack up against the rest of the country?

June 27, 2022 by Staff Reporter

CLEVELAND, Ohio – While real estate may seem to be constantly fluctuating in Ohio, how does the market compare against the other 49 states in the country?

It turns out, Ohio homes remain more affordable than in most other places. The median home value in Ohio as of April 2022 is $221,200, more than $175,000 less than the median home value of $396,700 in the country, according to real estate website Redfin, which represents a share of online real estate listings in the area.

This is a 10.38% increase from the year prior, while the average increase in home value for the entire country is 15%.

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Originally Appeared Here

Filed Under: REAL ESTATE

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