The story of this market
The typical home in ZIP 44107 sells for about $349,000, or $185 per square foot.
Prices are up +4.1% from a year ago, so sellers still have some momentum. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,070 a month.
ZIP 44107 — Cleveland
The housing market in 44107 remains competitive with steady price appreciation and high demand for the area's urban, walkable lifestyle. While inventory remains tight, the market is supported by strong interest from both local buyers and those relocating for proximity to Cleveland's employment hubs. Some figures, such as specific months of supply, were not explicitly published for this ZIP and are omitted.
This ZIP is ideal for young professionals and commuters seeking an urban, walkable lifestyle with historic charm and easy access to Cleveland's employment core.
Median prices moved up 4.1% year over year.
Homes spend a median of 56 days on market with 2.8 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 10.3% — a stable, low-distress 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 6.9%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 44107, Cuyahoga County OH
Lakewood generally experiences lower crime rates compared to the neighboring city of Cleveland, with property crime being the primary concern in this dense urban environment.
The Lakewood City School District is the primary provider, generally regarded as providing stable educational services with a mix of historic and modernized facilities.
The area faces standard Midwestern climate risks, including potential for heavy wind and localized flooding near the Lake Erie shoreline.
Economic momentum is driven by its proximity to downtown Cleveland and a robust local small-business and service-sector economy along the Detroit Avenue corridor.
Property taxes are assessed by Cuyahoga County, with rates reflecting local school district levies and municipal services; no specific special districts like MUDs are prevalent.
Residents benefit from a direct commute to downtown Cleveland via the I-90 corridor or public transit options along the RTA bus lines.
The area features extensive access to Lake Erie via Lakewood Park, numerous local green spaces, and a dense concentration of dining and retail along Detroit and Madison Avenues.
The rental market is highly active due to the area's density and proximity to Cleveland, with consistent demand for both historic multi-family units and modern apartment complexes.
The economy is anchored by healthcare, education, and professional services, with many residents commuting to major employers in downtown Cleveland.
The area is well-served by the Greater Cleveland RTA bus system and provides immediate access to the I-90 highway for regional travel.
Development is focused on infill projects and the modernization of existing commercial corridors to support a growing population.
Cuyahoga County utilizes a triennial update and sexennial reappraisal cycle to determine property values for tax purposes.
Parcels are subject to standard municipal and county levies; no significant MUD or PID districts are present.
Property insurance premiums are generally stable, though proximity to the lakefront may influence rates for specific coastal properties.
Data retrieved from US Census Bureau ZCTA 44107 profiles.
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.
- Scene75 Entertainment Center | Cleveland4.417.1 mi
- Urban Air Trampoline and Adventure Park4.27.7 mi
- Get Air Cleveland4.27.8 mi
- Swings-N-Things Fun Park4.110.5 mi
- Memphis Kiddie Park4.73.9 mi
- Rocket Arena4.66.2 mi
- Progressive Field4.76.3 mi
- Huntington Bank Field4.55.7 mi
- Topgolf Cleveland4.310 mi
- Huntington Convention Center of Cleveland4.65.9 mi
- Rock & Roll Hall of Fame4.66 mi
- SouthPark Mall4.412.1 mi
- Cleveland Metroparks Zoo4.65.5 mi
- The Cleveland Museum of Art4.910.2 mi
- West Side Market4.75.3 mi
- Rock & Roll Hall of Fame4.66 mi
- The Cleveland Museum of Art4.910.2 mi
- Cleveland Museum of Natural History4.510.2 mi
- House from A Christmas Story4.76.2 mi
- Great Lakes Science Center4.55.9 mi
- Edgewater Park4.73.7 mi
- Lakewood Park4.80.9 mi
- Cleveland Botanical Garden4.710.3 mi
- Rocky River Nature Center4.96.5 mi
- Rocky River Reservation4.86.5 mi
- Emerald Necklace Marina4.71.3 mi
- Whiskey Island Still & Eatery4.44.8 mi
- Shoreby Club4.711.6 mi
- Edgewater Yacht Club4.73.8 mi
- East 55th Street Marina4.58.7 mi
- Topgolf Cleveland4.310 mi
- Big Met Golf Course4.43.1 mi
- Sweetbriar Legacy Golf & Pro Shop4.310.1 mi
- Washington Learning Center Golf Course4.27.7 mi
- Springvale Golf Course & Ballroom4.47.7 mi
- SouthPark Mall4.412.1 mi
- West Side Market4.75.3 mi
- Crocker Park4.57.7 mi
- Great Northern Mall4.37 mi
- Tower City Center45.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features a pool, skate park, and significant Lake Erie waterfront access.
The primary commercial artery featuring a high density of local restaurants and boutiques.
A regional anchor for theater and arts education.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).