Zip 44107 (Lakewood, OH) Housing

The housing market in 44107 Lakewood, OH has seen an impressive appreciation rate over the last year. The median value is $250,900, which is significantly lower than the national median of $338,100. However, this area experienced an 8.35% one-year appreciation rate which is slightly higher than the national average of 8.27%. This indicates that 44107 Lakewood, OH could be a very attractive place to invest in real estate and potential homeowners can count on future growth and stability.

The median home cost in Lakewood (zip 44107) is $250,900. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Lakewood (zip 44107) is up 12.6%.

Average Age of Homes

- The median age of Lakewood (zip 44107) real estate is 78 years old

The Rental Market in Lakewood (zip 44107)

- Renters make up 49.8% of the Lakewood (zip 44107) population
- 1.5% of houses and apartments in Lakewood (zip 44107), 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	Lakewood, Ohio	United States
	28,438.0	139,647,020.0
	65	42
	$250,900	$338,100
	12.6%	16.6%
	53.2%	57.0%
	79.6%	101.1%
	$24.23	$10.98
	$4,494	$2,690
	40.6%	57.4%
	7.5%	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%
	3.9%	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%
	7.3%	14.8%
	1.6%	13.6%
	8.9%	10.0%
	6.8%	4.7%
	59.2%	12.2%

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