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Tremont

Cleveland, OH

Neighborhood Market Analysis

Q3 2025 Report
$355,000 (June 2025)
Median Home Price
80–85 (Very Walkable)
Walkability Score
Public schools are average to below average (Cleveland Metropolitan School District); some families opt for charters or private options.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by the Cuyahoga River to the east, I-90 to the north, W 25th St to the west, and Clark Ave to the south.

Zip Codes

44113

Market Data Summary

Price Range$270,000–$600,000+ (varies by size, renovation, and location within Tremont)
Price per Sq Ft$197 (June 2025)
Inventory LevelsInventory is up, with 10 homes sold or pending in June 2025 (down 23.1% MoM). Listings are lasting longer, indicating a shift toward a more balanced or slightly buyer-favored market.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomesCondosHistoric multi-family properties

Architectural Styles

VictorianQueen AnneColonial RevivalModern infillIndustrial loft conversions

Property Details

Typical Lot SizesSmall urban lots (0.05–0.15 acres); some larger parcels with new construction.
Home Age RangeLate 1800s–early 1900s (historic core); 2000s–2020s (new builds and renovations)
Construction QualityMix of well-preserved historic homes, fully renovated properties, and high-end new construction. Quality varies by block and builder.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of young professionals, artists, long-term residents, and some families. Median age skews younger than city average.

Community Vibe

Trendy, walkable, artsy, and vibrant. Strong neighborhood identity with active community groups and events.

Typical Residents

  • Young professionals
  • Artists/creatives
  • Small families
  • Empty nesters
  • Investors

Family Friendly

Moderately family-friendly; more popular with singles, couples, and small families due to urban density and limited yard space.

Amenities & Lifestyle

Parks & Recreation

  • • Lincoln Park
  • • Tremont Towpath Trail access
  • • Dog parks

Dining Options

  • • Award-winning restaurants (e.g., Dante, Fahrenheit)
  • • Gastropubs
  • • Bakeries
  • • Food trucks

Shopping Centers

  • • Local boutiques and specialty shops; no major malls within Tremont, but close proximity to downtown retail

Local Businesses

  • • Independent coffee shops
  • • Boutique fitness studios
  • • Art galleries
  • • Vintage stores

Education & Schools

Public schools are average to below average (Cleveland Metropolitan School District); some families opt for charters or private options.
Overall School Rating

Elementary Schools

  • • Tremont Montessori School

Middle Schools

  • • Tremont Montessori (K–8)
  • • Paul L. Dunbar School (nearby)

High Schools

  • • Lincoln-West High School (adjacent)

Private Schools

  • • St. John Cantius School (Catholic, nearby)
  • • The Intergenerational School (charter, nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • • RTA bus lines
  • • Nearby Red Line rapid transit (West 25th/Ohio City station)

Major Roads

  • • I-90
  • • W 14th St
  • • W 25th St

Commute & Walkability

Commute Times5–10 minutes to downtown Cleveland by car; 15–20 minutes by bike or transit.
WalkabilityVery walkable; most errands can be accomplished on foot.
ParkingStreet parking is common; some homes have off-street or garage parking. Parking can be tight during events or weekends.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Medical/downtown workers
  • Investors (long- and short-term rental)
  • Empty nesters seeking urban amenities

Key Selling Points

  • Vibrant restaurant and arts scene
  • Historic architecture with modern updates
  • Walkability and urban lifestyle
  • Strong rental market

Pricing Considerations

Price competitively given recent softening; highlight unique features and upgrades to justify premium.

Common Objections & Response Strategies

Objection: School quality is not ideal for families.

Response Strategy:

Highlight nearby charter/private options and the neighborhood's enrichment opportunities (museums, parks, community events).

Objection: Parking is difficult, especially during events.

Response Strategy:

Point out homes with off-street parking, and discuss permit parking and alternative transportation options.

Objection: Noise from nightlife and traffic.

Response Strategy:

Show quieter side streets and homes with soundproofing or private outdoor spaces.

Objection: Recent price declines and longer days on market.

Response Strategy:

Frame as a buying opportunity in a high-demand neighborhood with long-term upside.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; recent price softening but long-term prospects remain positive due to location and ongoing development.

Rental Demand

Strong, driven by young professionals and medical students. Short-term rental (Airbnb) demand is robust but subject to city regulation.

Buyer Competition

Decreased from 2023–2024 highs; more balanced, with buyers gaining leverage in negotiations.

Best For

  • Young professionals
  • Investors seeking rental income
  • Buyers seeking walkable urban lifestyle

Potential Concerns

  • School quality for families
  • Parking limitations
  • Noise and nightlife for those seeking quiet

Professional Recommendations

1

Educate buyers on market shift and negotiation opportunities.

2

Highlight unique property features and neighborhood lifestyle.

3

Network with local businesses and community groups for referrals.

4

Stay current on short-term rental regulations and new developments.

5

Stage and market homes to emphasize walkability, historic charm, and modern updates.

Competitive Analysis

Comparable Markets

  • Ohio City
  • Detroit Shoreway
  • Downtown Cleveland

Market Positioning

Trendy, historic, walkable urban neighborhood with strong lifestyle appeal.

Competitive Advantages

  • Stronger historic character than Detroit Shoreway
  • More walkable and vibrant than most Cleveland neighborhoods
  • Closer to downtown than Lakewood

Price Comparison

Priced higher than most Cleveland neighborhoods but below top-tier suburbs; similar to Ohio City, slightly below Downtown for new construction.

Investment Metrics

5–7% for long-term rentals (varies by property and management)
Cap Rates
4–6% gross yields typical for updated properties
Rental Yields
16–18 (favorable for investors seeking appreciation and cash flow)
Price-to-Rent
Positive cash flow possible with 20% down on well-priced properties; short-term rentals can outperform long-term in high season.
Cash Flow
Modest (2–4% annually) over next 3–5 years, with upside if Cleveland's downtown continues to revitalize.
Appreciation

Buyer Journey Insights

First-Time Buyers

Appealing for those seeking urban lifestyle and walkability; may need to compromise on space or parking.

Move-Up Buyers

Attractive for buyers upgrading from condos/apartments to single-family homes with character.

Downsizers

Good fit for empty nesters seeking low-maintenance, walkable living with cultural amenities.

Investors

Strong rental demand and appreciation potential; short-term rental regulations should be monitored.

Relocators

Popular with those moving for jobs at Cleveland Clinic, MetroHealth, or downtown employers.

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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