The story of this market
The typical home in ZIP 44106 sells for about $193,649, or $115 per square foot.
Prices are down 1.7% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,073 a month.
ZIP 44106 — Cleveland
The 44106 housing market is characterized by a high concentration of renters and institutional-driven demand, resulting in a stable but slow-moving sales environment. While home values have seen long-term appreciation, the recent year-over-year decline reflects broader regional economic pressures and high interest rates. The market remains heavily influenced by the University Circle employment hub, which continues to drive rental demand despite the overall cooling in sales activity.
This ZIP is ideal for students, medical professionals, and institutional employees who prioritize proximity to University Circle's major employers. It is less suited for traditional family buyers seeking large yards or top-rated public school districts.
Median prices moved down 1.7% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 29.4% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 44106, Cuyahoga County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 44106 area are significantly higher than the national average, with property and violent crime being primary concerns for residents. The area experiences higher crime density compared to suburban regions of Cuyahoga County.
The area is served by the Cleveland Metropolitan School District, which faces ongoing challenges with academic performance and resource allocation. Several private and specialized institutions are located nearby, providing alternative educational options.
The area is not prone to significant wildfire or wind risks, though urban flooding can occur during heavy precipitation events due to aging infrastructure. Property insurance premiums are generally stable but reflect the urban risk profile of Cleveland.
Economic momentum is anchored by the University Circle district, which hosts major employers like Case Western Reserve University and the Cleveland Clinic. Development is focused on institutional expansion and mixed-use projects serving the student and medical workforce.
Property taxes are assessed by Cuyahoga County based on market value, with rates influenced by local school district levies and municipal millage. The area is subject to standard Ohio property tax laws, including the Homestead Exemption for qualifying seniors and disabled residents.
Residents benefit from proximity to the RTA HealthLine and Red Line, providing efficient transit access to Downtown Cleveland and the University Circle employment hub. Driving commutes are generally short, though traffic congestion is common during peak hours on major arterials.
The ZIP code features significant cultural and recreational amenities, including the Cleveland Museum of Art, the Cleveland Museum of Natural History, and the expansive Wade Park. Shopping and dining are concentrated in the University Circle and Little Italy districts.
The rental market is highly active due to the large student population and medical workforce, resulting in low vacancy rates for well-located units. Rent growth has been moderate, with significant investor interest in multi-family conversions and student housing.
The economy is dominated by the 'Eds and Meds' sector, with Case Western Reserve University and the Cleveland Clinic serving as the primary economic engines. This concentration provides a stable employment base despite broader regional economic fluctuations.
The area is well-served by the RTA transit network, including the HealthLine BRT and Red Line rail, connecting the ZIP to Downtown Cleveland and Cleveland Hopkins International Airport. Major highway access is provided via I-90 and I-480.
Development is primarily focused on infill projects and the modernization of existing institutional campuses within the University Circle area.
Parcels are subject to Cleveland Metropolitan School District taxes and various municipal service districts within the City of Cleveland.
Property insurance is readily available, though premiums are influenced by the urban density and age of the housing stock in the Cleveland area.
Data retrieved from Census Reporter and data.census.gov for ZCTA 44106.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Urban Air Trampoline and Adventure Park4.218.1 mi
- Fun 'n' Stuff4.415.5 mi
- Round1 Bowling & Arcade - Mentor416.4 mi
- Sky Zone Trampoline Park4.419.8 mi
- Get Air Cleveland4.213.9 mi
- Rocket Arena4.64.2 mi
- Progressive Field4.74.1 mi
- Huntington Bank Field4.54.7 mi
- Topgolf Cleveland4.37.5 mi
- Huntington Convention Center of Cleveland4.64.4 mi
- Rock & Roll Hall of Fame4.64.5 mi
- Cleveland Metroparks Zoo4.66.8 mi
- The Cleveland Museum of Art4.90.2 mi
- West Side Market4.75.1 mi
- JACK Cleveland Casino3.94.4 mi
- Rock & Roll Hall of Fame4.64.5 mi
- The Cleveland Museum of Art4.90.2 mi
- Cleveland Museum of Natural History4.50.3 mi
- House from A Christmas Story4.74.9 mi
- The Holden Arboretum4.817.4 mi
- Edgewater Park4.76.7 mi
- Lakewood Park4.89.8 mi
- Cleveland Botanical Garden4.70.1 mi
- Squire's Castle4.711 mi
- Cleveland Public Square4.54.4 mi
- Emerald Necklace Marina4.711.7 mi
- Whiskey Island Still & Eatery4.45.6 mi
- Shoreby Club4.73.4 mi
- Edgewater Yacht Club4.76.5 mi
- East 55th Street Marina4.52.7 mi
- Topgolf Cleveland4.37.5 mi
- Shawnee Hills Golf Course4.39.7 mi
- Manakiki Golf Course4.511.1 mi
- StoneWater Golf Club & Venue4.58 mi
- Big Met Golf Course4.412.7 mi
- West Side Market4.75.1 mi
- Beachwood Place4.46 mi
- Tower City Center44.5 mi
- Meijer4.411.2 mi
- Pinecrest4.57.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
World-class art museum with free general admission.
Central green space serving the University Circle area.
Major educational and research institution.
Historic neighborhood known for authentic Italian cuisine.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.