Ohio City

Cleveland, OH

Neighborhood Market Analysis

Q3 2025 Report
$296,250 (June 2025)
Median Home Price
87 (Very Walkable)
Walkability Score
Public schools are average to below average; St. Ignatius is highly rated and a regional draw.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by the Cuyahoga River (east), I-90 (south), W. 25th Street (west), and Detroit Avenue (north).

Zip Codes

44113

Market Data Summary

Price RangeMost homes between $250,000 and $400,000; some condos/townhomes below $250,000; historic homes and new construction above $400,000.
Price per Sq Ft$204 (June 2025)
Inventory Levels68 homes for sale (June 2025), up 3% MoM. Inventory remains tight compared to pre-pandemic levels.

Property Characteristics

Home Types & Architecture

Home Types

Historic single-family homesTownhomesCondosMultifamily (2-4 units)

Architectural Styles

VictorianQueen AnneItalianateModern infill townhomesIndustrial loft conversions

Property Details

Typical Lot SizesUrban lots, typically 0.05–0.15 acres; some larger historic parcels.
Home Age RangeLate 1800s–early 1900s (historic core); 2010s–2020s (new builds and conversions)
Construction QualityMix of fully renovated historic homes, modern new construction, and some properties needing updates.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of young professionals, families, artists, and long-term residents. Median age ~33. High proportion of renters and first-time buyers.

Community Vibe

Trendy, energetic, and inclusive. Strong sense of local pride and neighborhood activism.

Typical Residents

  • Young professionals
  • Families with children
  • Artists/creatives
  • LGBTQ+ community
  • Long-term residents

Family Friendly

Good for families seeking urban amenities and walkability, though some areas are more nightlife-oriented.

Amenities & Lifestyle

Parks & Recreation

  • Hingetown Park
  • Franklin Circle Park
  • Nearby access to Wendy Park and Lakefront Bikeway

Dining Options

  • Momocho
  • TownHall
  • Nano Brew
  • Le Petit Triangle

Shopping Centers

  • Small boutiques and specialty shops along W. 25th St. and Detroit Ave.; no large malls in immediate area

Local Businesses

  • West Side Market
  • Mitchell's Ice Cream
  • Great Lakes Brewing Co.
  • Rising Star Coffee

Education & Schools

Public schools are average to below average; St. Ignatius is highly rated and a regional draw.
Overall School Rating

Elementary Schools

  • Halle School of Inquiry
  • Paul L. Dunbar School

Middle Schools

  • Paul L. Dunbar School

High Schools

  • Max S. Hayes High School

Private Schools

  • St. Ignatius High School (Jesuit, all-boys)

Transportation & Accessibility

Transit & Roads

Public Transit

  • RTA Red Line (W. 25th/Ohio City Station)
  • Multiple RTA bus routes

Major Roads

  • W. 25th Street
  • Detroit Avenue
  • Lorain Avenue
  • I-90

Commute & Walkability

Commute Times10–15 minutes to Downtown Cleveland by car or train; 20–30 minutes to University Circle or Hopkins Airport.
WalkabilityExcellent; most errands can be accomplished on foot.
ParkingStreet parking is limited, especially near commercial corridors; some homes have off-street or garage parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Investors (rental/multifamily)
  • Relocators from higher-cost cities
  • LGBTQ+ buyers
  • Empty nesters seeking urban living

Key Selling Points

  • Proximity to Downtown Cleveland
  • Vibrant food and arts scene
  • Historic architecture
  • Strong rental market

Pricing Considerations

Price competitively for renovated homes; discount for properties needing updates. Highlight value compared to Tremont and Detroit-Shoreway.

Common Objections & Response Strategies

Objection: Concerns about school quality for children.

Response Strategy:

Highlight proximity to top-rated private schools like St. Ignatius and enrichment opportunities in the city.

Objection: Parking is difficult, especially near restaurants and bars.

Response Strategy:

Point out homes with off-street parking or garages; discuss alternative transit and walkability.

Objection: Noise from nightlife and traffic.

Response Strategy:

Show quieter side streets or homes with soundproofing; discuss vibrant community benefits.

Objection: Older homes may need repairs or updates.

Response Strategy:

Emphasize renovated properties or connect buyers with reputable local contractors.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; prices have dipped slightly YoY but long-term prospects remain strong due to location and ongoing development.

Rental Demand

Very high; strong demand for both apartments and single-family rentals, especially among young professionals.

Buyer Competition

Competitive for renovated and move-in-ready homes; less so for properties needing work.

Best For

  • Investors seeking rental income
  • First-time buyers
  • Urban professionals
  • Buyers seeking walkable lifestyle

Potential Concerns

  • School quality for families
  • Parking limitations
  • Noise near nightlife
  • Older homes may require maintenance

Professional Recommendations

1

Stay current on local inventory and price trends; market shifts quickly.

2

Emphasize lifestyle and community in marketing materials.

3

Network with local businesses and community groups for referrals.

4

Highlight both historic charm and modern amenities in listings.

5

Prepare buyers for competitive offers on renovated homes.

Competitive Analysis

Comparable Markets

  • Tremont
  • Detroit-Shoreway
  • Downtown Cleveland

Market Positioning

Trendy, walkable, and historic alternative to downtown and Tremont.

Competitive Advantages

  • Historic charm and walkability
  • Proximity to West Side Market and downtown
  • Diverse housing stock

Price Comparison

Priced above Detroit-Shoreway, below Tremont; more affordable than downtown new construction.

Investment Metrics

5–7% for well-located multifamily properties (2025)
Cap Rates
Gross yields of 7–9% for single-family and small multifamily rentals
Rental Yields
16–18 (favorable for investors)
Price-to-Rent
Strong for updated rentals; moderate for owner-occupants
Cash Flow
Stable to moderate growth over next 3–5 years, with upside as area continues to gentrify
Appreciation

Buyer Journey Insights

First-Time Buyers

Affordable entry points, especially for condos/townhomes. Walkability and amenities appeal to younger buyers.

Move-Up Buyers

Can find larger historic homes or new construction with more space; proximity to downtown is a plus.

Downsizers

Urban lifestyle, low-maintenance condos, and walkability are attractive. Some may prefer quieter streets.

Investors

Strong rental demand and favorable cap rates. Value-add opportunities in older homes needing renovation.

Relocators

Appealing for those moving from higher-cost markets; vibrant culture and lower cost of living.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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