Zip 44127 (Cleveland, OH) Housing

The housing market in Cleveland, OH (zip code 44127) is closely following the national trend with a median value of $45,100 and a one year appreciation rate of 8.35%. These figures are below the national median value of $338,100 but still show an increase in market growth which is encouraging for potential homeowners. With a steady appreciation rate, Cleveland offers potential home buyers with a great opportunity to purchase investment properties in the area.

The median home cost in Cleveland (zip 44127) is $45,100. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Cleveland (zip 44127) is up 12.6%.

Average Age of Homes

- The median age of Cleveland (zip 44127) real estate is 78 years old

The Rental Market in Cleveland (zip 44127)

- Renters make up 38.9% of the Cleveland (zip 44127) population
- 2.1% of houses and apartments in Cleveland (zip 44127), 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

Housing	Cleveland, Ohio	United States
	2,408.0	139,647,020.0
	65	42
	$45,100	$338,100
	12.6%	16.6%
	53.2%	57.0%
	79.6%	101.1%
	$23.30	$10.98
	$853	$2,690
	33.0%	57.4%
	21.8%	11.2%
	45.2%	31.4%
Vacant Housing
	2.1%	1.9%
	1.0%	0.4%
	1.3%	0.7%
	0.6%	0.4%
	0.0%	3.6%
	16.9%	4.1%
Value of Owner-Occupied Housing
	23.8%	2.6%
	27.1%	2.4%
	22.0%	2.8%
	10.8%	3.9%
	1.9%	4.5%
	9.2%	11.3%
	3.3%	13.0%
	1.9%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.2%	13.6%
	3.2%	13.6%
	3.4%	13.6%
	2.8%	13.2%
	8.1%	14.8%
	3.4%	13.6%
	4.9%	10.0%
	6.9%	4.7%
	67.0%	12.2%

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