Lakewood

Situated along Lake Erie just west of Cleveland in Cuyahoga County, this city of 50,229 residents carries a median home price of $175,000 with an average price per square foot of $160. Buyers can expect homes averaging 1,471 square feet, giving a sense of the modestly sized but densely packed housing stock that defines the area. With 77 active listings currently on the market, inventory remains relatively tight for a city this size. The owner-occupied rate sits at 44.5%, reflecting a rental-heavy population that aligns with the urban character of the community. Median household income of $65,925 positions most residents within reach of the local price points, though financing costs and competition for available properties continue to shape buyer decisions. Families with children fall under the Lakewood City School District, established in 1817 and serving as the primary public education option for the area.

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