The housing market in Cleveland, OH (44113) is doing well compared to the national average. The median value of a home in this area is $257,100, which is slightly lower than the national median value of $338,100. However, the one-year appreciation rate for housing in Cleveland is 8.35%, which is slightly higher than the national appreciation rate of 8.27%. This means that property values are increasing at a steady rate and people who invest in real estate in this area can expect to see a return on their investment over time.
The median home cost in Cleveland (zip 44113) is $257,100. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Cleveland (zip 44113) is up 12.6%.
Average Age of Homes
- The median age of Cleveland (zip 44113) real estate is 78 years old
The Rental Market in Cleveland (zip 44113)
- Renters make up 64.8% of the Cleveland (zip 44113) population
- 5.0% of houses and apartments in Cleveland (zip 44113), 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.