Northeast Ohio Real Estate Forecast December 2025 | Cleveland & Akron Housing Market Trends

Looking ahead to the end of 2025, the Northeast Ohio real estate market is showing signs of stabilizing with modest growth and opportunity for both buyers and sellers. Investors and home shoppers in Cleveland, Akron, and the broader region should expect a period marked by sustainable appreciation and increased rental demand, especially as mortgage rates begin to ease and new construction projects add to available supply.

In Cleveland, the year ends with modest price gains: forecasts suggest home values will grow by less than 1% through December, followed by a gradual uptick of up to 2.8% by next September. The market is not expected to face dramatic swings. Instead, buyers and sellers can anticipate a return to a more traditional, steady trajectory. Akron’s median home value is on track to rise 3-5% for the year, and homes are selling notably faster than in most comparable markets, thanks to continued affordability and first-time buyer programs.​

For investors, Cleveland’s multifamily sector is especially appealing. The city is set to see a 3.2% average rent increase by year-end, with West Cleveland and Brooklyn Heights leading the metro for rent growth (projected near 5%). Occupancy rates are expected to climb just above 92%, a sign that supply and demand are balancing in a way that supports market stability. As new construction units come online, the flexibility between luxury, mid-tier, and affordable housing will help maintain overall resilience.​

Buyers should note that while mortgage rates remain in the mid-6% range, competition is tempered by a slight increase in inventory—providing more choices and a bit more leverage for negotiation. Sellers in well-maintained or turnkey properties are still fetching strong offers, but pricing right is key as buyers have a growing number of alternatives. As the market adjusts to more sustainable patterns, Northeast Ohio stands out as both stable and opportunity-rich for those entering before the next cycle of appreciation.