The housing market in Beachwood, OH is strong and growing. The median value of a home in this city is $399,900, which is higher than the US median value of $338,100. This indicates that homes in Beachwood are more expensive than the national average. Additionally, the appreciation rate of homes in Beachwood is 8.35%, slightly higher than the US average of 8.27%. This suggests that home values are growing quickly in Beachwood and it is a great time to invest in real estate here.
The median home cost in Beachwood is $399,900. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Beachwood is up 12.6%.
Average Age of Homes
- The median age of Beachwood real estate is 48 years old
The Rental Market in Beachwood
- Renters make up 35.9% of the Beachwood population
- 5.7% of houses and apartments in Beachwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.