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Cleveland, OH New Homes Under $300K

3 Communities

Booth Farm by K. Hovnanian® Homes in Cleveland Ohio
Home in Booth Farm by K. Hovnanian® Homes
Home in Booth Farm by K. Hovnanian® Homes

$278,990 - $402,207

Booth Farm

Perry, OH 44081

2 Homes

5 Floor Plans

Hot Deal

K. Hovnanian® Homes

4.3

Harvest Meadows by K. Hovnanian® Homes in Cleveland Ohio
Home in Harvest Meadows by K. Hovnanian® Homes
Home in Harvest Meadows by K. Hovnanian® Homes
Up to $10,800

$266,990 - $409,221

Harvest Meadows

Elyria, OH 44035

6 Floor Plans

K. Hovnanian® Homes

4.3

Fieldstone Lakes by William Thomas Homes in Cleveland Ohio
Fieldstone Lakes by William Thomas Homes in Cleveland Ohio

$287,900 - $304,900

Fieldstone Lakes

Elyria, OH 44035

8 Floor Plans

William Thomas Homes

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Market Snapshot

New Homes in Cleveland by Region

RegionCommunitiesAverage New Home Price
Downtown Cleveland 16$279,000
East Cleveland 37$147,000
South Cleveland 30$117,000
West Cleveland 44$427,000

New Home Cities in Cleveland

CityCommunitiesAverage New Home Price
Westlake5$640,235
Avon Lake5$554,734
Columbia Station5$455,457
Avon3$868,593
Hinckley2$788,986
Broadview Heights2$485,066
Richfield2$546,990
Wadsworth2$408,418
North Ridgeville2$420,480
Brunswick2$532,833
Perry1$316,590
Orange1$573,490

Cleveland features many of the best home builder communities in Ohio, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Cleveland has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Cleveland area. In fact, there are 3 communities and 2 builders in Cleveland with homes starting at under $300K.

How to Find Homes in Cleveland for Less than $300K?

Many builders recognize there is growing demand in the Cleveland area for homes under the $300k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.