Cleveland, Ohio

Population: 389,521
Average annual home appreciation rate: 4.78%
Total of homes for sale in this market: 4,418
Median home price: $80,434
Median Rent: $702
Home price range: 51.99% between $52,001 – $105,000
Median sales price: $70,000
Number of homes: 6,480
Median foreclosure sales price: $30,000
Foreclosure discount: 57.1%
Most common home type: 47.06% single family detached
Number of vacant homes: 21.54%
Number of renters: 56.53%
Number of owner occupied: 43.47%
Number people living below poverty level: 35.41%
Unemployment rate: 6.20%
Is this area perfect for real estate deals going on right now?

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