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Home costs tick upward and rents soar- Greater Cleveland June real-estate landscape – cleveland.com

CLEVELAND, Ohio – What is the state of Greater Cleveland’s real estate market?

The median home value in Ohio as of June was $242,600, about $165,300 less than the United States median home value of $407,900, according to the real estate website Redfin, which represents a share of online real estate listings in the area.

This is a 10.62% increase for Ohio from the year prior, while the average increase in home value for the entire country is 12.6%.

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