Lakewood

Situated along the southern shore of Lake Erie in Cuyahoga County, this city of 50,229 residents currently shows 143 active listings with a median home price of $269,900. Buyers are paying an average of $169 per square foot for homes that average 1,731 square feet in size. The owner-occupied rate of 44.5% reflects a community where rental housing plays a substantial role in the overall housing mix, making it relevant for both owner-occupant buyers and investors. The median household income of $65,925 provides context for local purchasing power relative to current price points. Families with children are served by Lakewood City School District (established 1817), one of the older school systems in the region. The combination of its Lake Erie proximity, urban density, and mid-range price point positions Lakewood as a noteworthy option for buyers seeking access to the greater Cleveland metro area without paying downtown prices.

Market description generated from current MLS and U.S. Census data.