Lakewood, OH Housing


7 Reviews



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United States / Ohio / Cleveland-Elyria Metro Area / Cuyahoga County / Lakewood / Zip Codes
Lakewood, OH is an attractive city for potential homebuyers due to its moderate housing median value of $247,100. This is significantly lower than the US House Median Value of $338,100. In addition, the 1-year House Appreciation in Lakewood is 8.35%, which matches the US 1 year House Appreciation rate of 8.27%. These factors make Lakewood an ideal location for those looking to purchase a home at a reasonable price and watch their investment grow.

The median home cost in Lakewood is $247,100. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Lakewood is up 12.6%.

Average Age of Homes
- The median age of Lakewood real estate is 78 years old
The Rental Market in Lakewood
- Renters make up 49.8% of the Lakewood population
- 1.5% of houses and apartments in Lakewood, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLakewood, OhioUnited States
  28,356.0139,647,020.0
  6542
  $247,100$338,100
  12.6%16.6%
  53.2%57.0%
  79.6%101.1%
  $24.22$10.98
  $4,496$2,690
  40.7%57.4%
  7.3%11.2%
  52.0%31.4%
  Vacant Housing
  1.5%1.9%
  0.4%0.4%
  0.4%0.7%
  0.6%0.4%
  0.7%3.6%
  3.8%4.1%
  Value of Owner-Occupied Housing
  0.9%2.6%
  1.2%2.4%
  1.3%2.8%
  2.4%3.9%
  4.3%4.5%
  21.3%11.3%
  24.5%13.0%
  26.6%20.1%
  10.8%13.6%
  2.4%8.3%
  2.1%9.7%
  1.4%3.9%
  0.5%2.2%
  0.1%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.6%13.6%
  0.6%13.6%
  1.6%13.6%
  2.4%13.2%
  7.4%14.8%
  1.6%13.6%
  8.9%10.0%
  6.8%4.7%
  59.1%12.2%
Reviews for Lakewood
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Barb · Lakewood, OH
Eclectic at it's Best!
Over 10 years ago

Lakewood, Ohio has the best of everything. Restaurants, small business, walkability, library, theater, schools, century homes, front porches, neighborhoods, parks, Lake  More

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kevin · Lakewood, OH
AMAZING!
Over 11 years ago

If you get a job in Cleveland, THIS IS THE PLACE TO LIVE! It has something for everybody. I was raised here and never knew anything else at this time. Once I went away  More

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Noah · Senecaville, OH
Can't Wait to Move Here
Over 11 years ago

I haven't lived here, but have spent a lot of time in the area, and most certainly will move here when I finally can move back to the Cleveland area in a few years. I  More

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