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Zip Code 44109

Cleveland, OH • Cuyahoga County

Real Estate Market Analysis

Q3 2025 Report
$133,803 (up 6.3% YoY as of Feb 2025)
Median Home Value
~41,000 (est. 2024)
Population
$41,000 (est.)
Median Income
Below state average (C or D)
School District Rating

Market Statistics

Property Values

$133,803 (up 6.3% YoY as of Feb 2025)
Median Home Value
Approx. $1,100/month (est. based on Cleveland averages)
Median Rent
$110–$120 (est. for 44109)
Price per Sq Ft

Market Performance

Home Appreciation6.3% YoY (Feb 2024–Feb 2025)
Market VelocityHomes go pending in ~15 days
Foreclosure RateModerate, in line with Cleveland averages

Area Information

Area SizeApprox. 6.5 sq mi
CountyCuyahoga
Primary CityCleveland

Housing Profile

Housing Statistics

Total Housing Units~13,000 (est.)
Owner Occupied~55% (est.)
Rental Properties~45% (est.)
Vacant UnitsSlightly above national average due to aging stock
New ConstructionLow—most homes built pre-1940; new builds limited

Housing Types

Single-family detachedDuplexesSmall multifamilyTownhomes

Demographics

~41,000 (est. 2024)
Population
36
Median Age
$41,000 (est.)
Median Income
~93% (unemployment ~7%)
Employment Rate
High school grad or higher: ~80%; Bachelor’s or higher: ~15%
Education Levels
Mix of families, singles, and seniors; strong working-class presence
Family Composition

Education Quality

School District Performance

Below state average (C or D)
District Rating
School DistrictCleveland Metropolitan School District
Test ScoresBelow state average
Graduation Rates~75%

Schools in Area

  • Benjamin Franklin School (K-8)
  • Clark School (K-8)
  • Lincoln-West High School

Economic Factors

Employment & Business

Job GrowthModest, steady in healthcare and services
Unemployment Rate~7% (higher than national avg.)
Business EnvironmentAffordable, but limited new business influx
Commercial ActivityMainly small retail, services, and light industrial

Major Employers

  • Cleveland Clinic
  • MetroHealth
  • Sherwin-Williams
  • Local manufacturing

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • I-71
  • • RTA bus lines
  • • Proximity to downtown Cleveland

Utilities & Services

  • • Cleveland Public Power
  • • Cleveland Water
  • • Dominion Energy

Quality of Life

Safety & Environment

Moderate; property crime above national avg., violent crime slightly above city avg.

Urban; air quality fair, some industrial legacy issues

Healthcare Access

  • • MetroHealth Main Campus
  • • Cleveland Clinic (nearby)

Development Trends

Planned Developments

  • Small infill housing projects
  • Renovation grants for aging homes

Infrastructure Projects

  • • Road resurfacing
  • • Utility upgrades

Investment Outlook

Growth Outlook

Stable, with slow population and value growth

Investment Opportunities

  • • Value-add renovations
  • • Affordable rentals
  • • First-time buyer market

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Working-class families
  • Investors seeking cash flow

Competitive Advantages

  • Lower prices than most Cleveland zips
  • Strong rental demand
  • Quick market velocity

Pricing Strategies

Price slightly below city median for fastest sales; value-add renovations can command premium

Common Objections & Response Strategies

Objection: Aging housing stock/need for repairs

Response Strategy:

Highlight recent renovations, available grants, and lower entry price

Objection: School quality concerns

Response Strategy:

Point to school choice, charter/magnet options, and afterschool programs

Objection: Crime rates

Response Strategy:

Provide neighborhood crime trend data, highlight community policing and block watch programs

Professional Recommendations

1

Focus on renovated or well-maintained homes for listings

2

Educate buyers on renovation financing and grants

3

Leverage rental demand in investor marketing

4

Address school and safety concerns proactively

5

Highlight quick market velocity and affordability

Competitive Analysis

Comparable Markets

  • 44102 (Detroit-Shoreway)
  • 44113 (Ohio City/Tremont)
  • 44111 (West Park)

Market Positioning

Affordable, working-class, value-add neighborhood

Competitive Advantages

  • Lower price point
  • Faster sales velocity
  • Less competition from institutional buyers

Price Comparison

~15% lower than 44113/44102; similar to 44111

Investment Metrics

7–9% (est. for updated rentals)
Cap Rates
6–8% gross yield
Rental Yields
~10–12
Price-to-Rent
Strong for well-maintained properties
Cash Flow
4–6% annually
Appreciation

Buyer Journey Insights

First-Time Buyers

High affordability, good FHA/VA options, may need renovation loans

Move-Up Buyers

Limited options for larger/newer homes; best for value-focused buyers

Downsizers

Affordable, but may lack newer amenities

Investors

Strong rental demand, value-add opportunities, high cash flow

Relocators

Proximity to downtown and healthcare; urban amenities

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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