Zip Code 44105

Cleveland, OHCuyahoga County

Real Estate Market Analysis

Q3 2025 Report
$68,631 (Zillow, Mar 2025)
Median Home Value
Approx. 40,000 (estimate based on recent trends)
Population
$29,000–$32,000 (estimate; below Cleveland average)
Median Income
Below state average; struggles with funding and performance
School District Rating

Market Statistics

Property Values

$68,631 (Zillow, Mar 2025)
Median Home Value
Data not specified for 44105; Cleveland rents remain affordable relative to national averages[1]
Median Rent
$49 (Rocket, June 2025)[2]
Price per Sq Ft

Market Performance

Home Appreciation+11.1% YoY (Zillow, Mar 2025)[4]; +27.8% YoY median sold price (Rocket, June 2025)[2]
Market VelocityAverage days on market: 16–31 days (Zillow, Movoto)[3][4]
Foreclosure RateNot specified for 44105; Cleveland historically has higher rates than national average

Area Information

Area SizeApprox. 6.5 sq mi
CountyCuyahoga
Primary CityCleveland

Housing Profile

Housing Statistics

Total Housing UnitsNot specified for 44105; Cleveland overall has a mix of single-family and multifamily units
Owner OccupiedLower than national average; 44105 is known for higher rental rates
Rental PropertiesSignificant proportion; strong rental demand[1]
Vacant UnitsAbove national average for Cleveland, likely reflected in 44105
New ConstructionLimited new construction; most housing stock is older

Housing Types

Single-family homesDuplexesSmall multifamily buildings

Demographics

Approx. 40,000 (estimate based on recent trends)
Population
Mid-30s (Cleveland median: 36)
Median Age
$29,000–$32,000 (estimate; below Cleveland average)
Median Income
Below state average; unemployment higher than Cleveland average
Employment Rate
Lower than state average; high school graduation rates below 80%
Education Levels
Predominantly families and single-parent households
Family Composition

Education Quality

School District Performance

Below state average; struggles with funding and performance
District Rating
School DistrictCleveland Metropolitan School District
Test ScoresBelow state and national averages
Graduation RatesBelow 80%

Schools in Area

  • Warner Girls’ Leadership Academy
  • Fullerton School
  • Willow School

Economic Factors

Employment & Business

Job GrowthModest; Cleveland overall seeing slow but positive job growth[1]
Unemployment RateHigher than state average (Cleveland: ~6% in 2025)
Business EnvironmentImproving but still challenged by legacy economic issues
Commercial ActivityPrimarily small businesses, retail, and service sector

Major Employers

  • Cleveland Clinic
  • MetroHealth
  • Local manufacturing and logistics

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • RTA bus lines
  • Proximity to I-480 and I-77

Utilities & Services

  • City water/sewer
  • Electricity (FirstEnergy)
  • Natural gas

Quality of Life

Safety & Environment

Higher than Cleveland average; property and violent crime rates above national average

Urban; some industrial legacy issues, but green spaces present

Healthcare Access

  • MetroHealth Medical Center
  • Cleveland Clinic (nearby)

Development Trends

Planned Developments

  • Small-scale residential rehabs
  • Community revitalization grants

Infrastructure Projects

  • Road resurfacing
  • Park improvements

Investment Outlook

Growth Outlook

Stable to modest growth; affordability draws investors but population growth is slow

Investment Opportunities

  • Single-family rentals
  • Value-add rehabs
  • Affordable housing projects

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Investors seeking cash flow
  • Renters transitioning to ownership

Competitive Advantages

  • Low entry price
  • Strong rental demand
  • Potential for appreciation

Pricing Strategies

Price below Cleveland median to attract value-focused buyers and investors

Common Objections & Response Strategies

Objection: Concerns about crime rates

Response Strategy:

Highlight active neighborhood watch programs, recent safety initiatives, and proximity to police precincts.

Objection: Older housing stock and maintenance needs

Response Strategy:

Emphasize affordability, value-add potential, and available renovation grants or programs.

Objection: School quality concerns

Response Strategy:

Point to charter/magnet school options and ongoing district improvement efforts.

Professional Recommendations

1

Educate buyers on renovation loans and grants.

2

Target investors with cash flow and appreciation analysisData.

3

Partner with local community organizations for outreach.

4

Highlight safety initiatives and community engagement.

5

Leverage digital marketing to reach out-of-state investors.

Competitive Analysis

Comparable Markets

  • 44110 (Collinwood)
  • 44109 (Old Brooklyn)
  • 44120 (Mt. Pleasant/Shaker)

Market Positioning

Entry-level and investor-friendly; ideal for affordable housing and rental portfolios

Competitive Advantages

  • Lower prices than most Cleveland zip codes
  • Faster appreciation in 2024–2025

Price Comparison

44105 median home value ($68,631–$89,500) is below Cleveland average ($113,522)[1][2][3][4]

Investment Metrics

7–10% typical for single-family rentals in 44105 (estimate based on rents and prices)
Cap Rates
High; gross yields often 10%+
Rental Yields
Favorable for investors; below national average
Price-to-Rent
Strong, especially for renovated properties
Cash Flow
Continued growth expected, but at a slower pace after 2025
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability; may need education on renovation and financing options.

Move-Up Buyers

Less common; may seek larger homes in nearby zip codes.

Downsizers

Rare, as area is more attractive to entry-level buyers and investors.

Investors

Very active; focus on cash flow and value-add opportunities.

Relocators

Some interest due to low prices and proximity to downtown.

This zip code analysis was generated using comprehensive market data and AI intelligence.

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

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