The housing market in 44120 Cleveland, OH is on an upward trend like the rest of the US. The median value of houses in this area is $120,100, which is significantly lower than the US median house value of $338,100. Over the past year, the appreciation rate for housing in 44120 Cleveland, OH has been 8.35%, slightly above the national average of 8.27%. This higher appreciation rate indicates that homes in this area are becoming more valuable and desirable to residents. With such a strong appreciating market and attractive prices compared to other places around the country, it is an ideal time to invest in real estate in 44120 Cleveland, OH.
The median home cost in Cleveland (zip 44120) is $120,100. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Cleveland (zip 44120) is up 12.6%.
Average Age of Homes
- The median age of Cleveland (zip 44120) real estate is 78 years old
The Rental Market in Cleveland (zip 44120)
- Renters make up 42.8% of the Cleveland (zip 44120) population
- 3.4% of houses and apartments in Cleveland (zip 44120), 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.