The housing market in Cleveland, OH (44115) is showing signs of appreciation and stability. The median value for homes in this area is $142,900, which is lower than the national median of $338,100; however, the 1 year appreciation rate is 8.35%, which is marginally higher than the national rate of 8.27%. This indicates that the housing market in Cleveland has potential for continued growth and development over time.
The median home cost in Cleveland (zip 44115) is $142,900. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Cleveland (zip 44115) is up 12.6%.
Average Age of Homes
- The median age of Cleveland (zip 44115) real estate is 68 years old
The Rental Market in Cleveland (zip 44115)
- Renters make up 79.1% of the Cleveland (zip 44115) population
- 5.4% of houses and apartments in Cleveland (zip 44115), 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.