Cleveland & Suburban Real Estate Update (2025)
The Cleveland housing market continues to stand out in 2025 as a strong value play within the Midwest. With steady buyer interest and moderated price growth, Cleveland remains a draw for local and relocating buyers alike. According to local real estate expert Anthony Colantuono, the region’s affordability, community character, and diverse neighborhood options create opportunities across a range of price points.
Cleveland’s overall market has experienced moderate price growth while staying relatively affordable compared with national levels, making it one of the faster-growing “refuge” markets in the Midwest.
City of Cleveland & Nearby Neighborhoods
Ohio City & Tremont
Urban neighborhoods like Ohio City and Tremont remain appealing to buyers who want a blend of historic character, walkability, and vibrant local culture. These areas often attract first-time buyers and move-in-ready lifestyle buyers, with home prices reflecting steady demand and diverse housing options.
Cleveland
The broader Cleveland market is seeing manageable price growth driven by affordable entry points, strong rental demand, and liquidity in more affordable price tiers compared with larger metros.
Suburban Highlights — Diverse Trends Across Communities
🏡 Inner-Ring & Traditional Suburbs
Shaker Heights
Shaker Heights continues to be a desirable inner-ring suburb with solid community appeal, strong schools, and architectural character. Median prices in 2025 have seen some softening from peak levels, but the area remains competitive, with many homes selling in a reasonable time frame.
Lakewood
Lakewood remains one of the most dynamic suburbs adjacent to the city. While median prices are often reported around the mid-to-upper $200,000s to low $300,000s, demand remains strong and homes are often competitive in pricing and turnaround time.
🏙️ Higher-Value, Lifestyle-Oriented Suburbs
Hudson
Further east, Hudson continues to attract buyers looking for larger homes and established community amenities. Its housing values have increased steadily, often landing above the regional average, with homes moving quickly in response to sustained demand.
Aurora & Medina
Communities like Aurora and Medina offer a blend of larger lots, strong school districts, and a mix of historic and newer homes. While specific recent price trends vary, buyers are drawn to the higher quality of life offerings and expanded space relative to closer-in suburbs.
🏘️ Mid-Range & Family-Friendly Suburbs
Brecksville & Independence
In the southern suburbs such as Brecksville and Independence, prices remain solid with steady buyer interest. Brecksville specifically shows a strong median value, reflecting its desirable location near parks and good schools, though price growth has been more modest.
Rocky River & Westlake
Further west along the lakefront and toward the West Side, Rocky River and Westlake maintain strong market appeal with balanced demand. These communities combine strong school systems, lake access, and established neighborhoods that continue to draw both local and relocating buyers.
What This Means for Buyers & Sellers in Northeast Ohio
Buyers are still finding relative affordability and choice compared with many other U.S. housing markets, especially in inner-ring suburbs and communities farther out from the core city. Anthony Colantuono emphasizes that prepared buyers who understand local pricing dynamics can still find meaningful opportunities.
Sellers in desirable suburban areas are seeing continued interest, though months on market and growth rates can vary significantly between neighborhoods. Pricing strategically remains key to attracting qualified interest — especially in communities where inventory has grown modestly.
Investors also continue watching the area, as Cleveland’s mix of accessible pricing and steady rental demand maintains its attractiveness as a long-term play.
Looking Ahead
Looking toward 2026, many analysts expect a continued balanced market with modest price growth and potential mortgage rate stabilization, which could help more buyers enter the market. In Northeast Ohio, this may support continued interest across both the city and its suburbs, benefiting from the region’s diverse housing stock and community options.
