Cleveland Real Estate Market Overview

Top Cleveland Investment Markets (by Zip Code)

Zip Code: 44121 - South Euclid, OH (Grade C)

  • Median Sales Price: $79k
  • Median Rent: $1,100
  • Median Taxes: $3,250
  • Annual Return Potential: 18%

Zip Code: 44146 - Bedford, OH (Grade C)

  • Median Sales Price: $82k
  • Median Rent: $1,050
  • Median Taxes: $2,325
  • Annual Return Potential: 19%

Zip Code: 44117 - Euclid, OH (Grade D)

  • Median Sales Price: $76k
  • Median Rent: $995
  • Median Taxes: $2,483
  • Annual Return Potential: 18%

Zip Code: 44144 - Brooklyn, OH (Grade D)

  • Median Sales Price: $82k
  • Median Rent: $987
  • Median Taxes: $2,118
  • Annual Return Potential: 18%

Cleveland Real Estate Market Update Video

Cleveland Real Estate Market - Neighborhood Grades (By Zip Code)

This table provides a neighborhood grade with detailed economic information for every zip code in the Cleveland real estate market.  The grading scale is from A through F (with A being the best).  In Cleveland, Grade A neighborhoods have a median income of $80k, 4% of households live below the poverty line, and only 15% of homes are occupied by renters.  Grade D neighborhoods on the other hand have a median income of $38k, 20% of households live below the poverty line, and 42% of homes are occupied by renters.

Zip Code City State Zip Code Grade Median Income % in Poverty % of Renters Property Taxes Bachelor's Degree Unemployed % 2013 Population
44149 Strongsville OH A $82,540 1.50% 7% $3,853 44.40% 6.70% 18,894
44141 Brecksville OH A $89,920 2.50% 15% $5,293 51.10% 6.90% 13,875
44139 Solon OH A $96,750 3.90% 14% $5,122 56.00% 7.10% 24,154
44022 Chagrin Falls OH A $87,135 3.90% 16% $6,559 67.90% 5.40% 16,655
44140 Bay Village OH A $83,679 4.00% 9% $4,811 56.20% 4.10% 15,550
44131 Seven Hills OH A $66,845 3.80% 7% $3,630 33.20% 8.20% 20,361
44145 Westlake OH A $76,358 4.20% 26% $4,185 52.40% Ê5.5% 32,552
44026 Chesterland OH A $77,316 4.30% 5% $3,590 41.20% 4.00% 11,218
44011 Avon OH A $82,603 4.50% 20% $4,023 51.30% 6.50% 21,440
44044 Grafton OH A $63,834 4.10% 14% $2,405 12.40% Ê7.9% 15,509
44012 Avon Lake OH A $80,271 4.60% 20% $3,529 50.10% 5.10% 22,708
44023 Chagrin Falls OH A $98,562 5.40% 10% $4,959 55.90% 6.80% 17,374
44138 Olmsted Falls OH A $68,311 4.40% 23% $4,027 34.40% 5.70% 21,907
44133 North Royalton OH A $66,609 4.40% 28% $3,906 34.40% 6.60% Ê30,335
44116 Rocky River OH A $67,645 5.00% 25% $4,281 55.10% Ê5.3% 20,170
44212 Brunswick OH B $65,113 5.90% 22% $2,532 22.90% Ê6.6% Ê43,937
44147 Broadview Heights OH B $76,021 6.60% 18% $4,211 44.00% 6.80% 19,331
44143 Richmond Heights OH B $60,265 6.10% 29% $4,234 45.10% 7.80% 24,044
44039 North Ridgeville OH B $67,127 6.60% 13% $2,576 27.20% 9.30% 30,216
44124 Lyndhurst OH B $55,969 6.00% 32% $3,654 45.70% 4.80% 37,971
44060 Mentor OH B $64,446 6.80% 17% $2,622 28.70% 6.90% 60,780
44090 Wellington OH B $59,867 6.50% 24% $2,210 14.00% 9.80% 11,467
44094 Willoughby OH B $56,278 6.30% 36% $2,926 31.40% Ê5.9% Ê35,334
44024 Chardon OH B $64,572 7.00% 16% $3,068 30.20% 6.30% 23,430
44136 Strongsville OH B $71,537 7.60% 28% $3,841 42.00% 7.10% 25,775
44256 Medina OH B $71,378 7.70% 22% $3,144 36.20% 5.90% 62,303
44122 Shaker Heights OH B $74,054 8.00% 34% $5,480 54.70% 6.80% 34,654
44001 Amherst OH B $63,722 7.20% 12% $2,339 22.80% 8.40% 20,358
44070 North Olmsted OH B $59,288 7.10% 22% $3,538 30.70% 8.60% 32,818
44281 Wadsworth OH B $60,860 7.80% 25% $2,347 Ê33.0% 6.10% 30,231
44095 Eastlake OH B $50,685 7.70% 23% $2,337 17.90% 8.50% 33,613
44126 Fairview Park OH B $52,988 8.10% 28% $3,622 37.70% 8.30% 16,641
44092 Wickliffe OH C $47,352 7.90% 30% $2,343 22.70% 8.90% 16,754
44142 Brook Park OH C $49,010 8.70% 21% $2,286 11.30% 10.00% 19,126
44017 Berea OH C $56,199 11.10% 28% $2,875 30.60% 10.60% 19,266
44089 Vermilion OH C $51,442 10.50% 25% $2,195 17.90% 10.20% 15,938
44134 Parma OH C $49,141 10.40% 19% $2,519 18.20% 8.30% 37,945
44130 Parma Heights OH C $48,212 10.70% 35% $2,835 24.20% 9.30% 50,416
44129 Parma OH C $50,296 11.10% 28% $2,446 21.30% 8.90% 29,260
44121 South Euclid OH C $53,095 12.00% 28% $3,250 37.20% 11.20% Ê33,252
44054 Sheffield Lake OH C $51,077 11.80% 25% $2,155 17.90% 5.70% 12,707
44077 Painesville OH C $55,681 13.30% 27% $2,614 24.90% 8.90% 56,334
44057 Madison OH C $50,648 13.50% 26% $2,237 16.80% 9.60% 19,780
44118 Cleveland Heights OH C $54,635 15.60% 38% $4,328 54.30% 10.40% 39,767
44074 Oberlin OH C $55,634 16.10% 33% $2,293 33.10% 7.70% 11,829
44125 Garfield Heights OH C $43,693 13.40% 27% $2,426 15.10% 12.20% 28,633
44146 Bedford OH C $41,850 13.20% 43% $2,325 19.10% 11.70% 29,676
44107 Lakewood OH D $43,190 16.60% 56% $3,468 40.60% 9.00% 51,999
44144 Brooklyn OH D $41,674 16.10% 39% $2,118 17.10% 9.70% 21,654
44053 Lorain OH D $43,855 17.00% 37% $1,923 16.80% 8.00% 17,551
44035 Elyria OH D $43,449 17.40% 38% $1,649 15.40% 11.90% 63,911
44062 Middlefield OH D $46,379 19.30% 26% $2,204 10.70% 5.90% 15,293
44119 Cleveland OH D $42,590 17.40% 37% $1,865 21.50% 17.50% 12,435
44123 Euclid OH D $40,819 18.50% 45% $2,064 20.60% 14.10% 16,675
44111 Cleveland OH D $39,473 19.50% 39% $1,779 Ê22.3% 11.50% Ê40,321
44137 Maple Heights OH D $36,689 19.50% 30% $2,079 13.90% 16.90% 23,080
44132 Euclid OH D $37,229 20.60% 52% $2,127 20.30% 12.60% 14,883
44135 Cleveland OH D $38,039 24.50% 33% $1,698 13.40% 14.70% 28,131
44128 Cleveland OH D $32,691 22.60% 41% $1,351 12.50% 19.80% 29,667
44120 Cleveland OH D $29,643 27.20% 57% $1,998 34.50% 13.20% 36,313
44117 Euclid OH D $26,028 23.90% 56% $2,483 16.60% 17.40% 10,367
44055 Lorain OH D $30,792 30.30% 42% $1,150 8.10% 18.70% 20,373
44109 Cleveland OH D $30,139 31.80% 48% $1,469 11.10% 16.20% 41,372
44113 Cleveland OH D $32,682 36.60% 75% $1,067 34.60% 11.50% 18,933
44052 Lorain OH D $29,448 37.20% 47% $1,295 10.40% 18.40% 29,946
44105 Cleveland OH F $25,441 37.30% 47% $977 9.20% 27.80% 37,857
44102 Cleveland OH F $24,609 40.20% 65% $1,155 14.60% 19.80% 44,026
44106 Cleveland OH F $22,602 39.40% 71% $2,172 38.70% 15.00% 26,373
44112 East Cleveland OH F $22,220 39.00% 60% $1,394 11.10% 25.40% 22,593
44110 Cleveland OH F $21,764 39.70% 61% $1,113 8.60% 20.20% 21,133
44103 Cleveland OH F $18,411 44.90% 67% $724 6.90% 26.40% 17,990
44104 Cleveland OH F $14,603 57.80% 73% $866 5.40% 37.80% 23,307