The story of this market
The typical home in ZIP 44120 sells for about $159,000, or $115 per square foot.
Prices are up +9.6% from a year ago, so sellers still have some momentum. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $931 a month.
ZIP 44120 — Cleveland
The 44120 housing market is showing signs of price appreciation, with a 9.6% year-over-year increase in median sale prices. While inventory remains tight, the market is supported by steady demand from commuters and proximity to major employment hubs in University Circle. Buyers should expect competitive conditions for well-maintained properties.
This ZIP is well-suited for commuters working in the University Circle medical and academic corridor, as well as investors seeking entry-level housing stock in a transit-accessible urban environment.
Median prices moved up 9.6% year over year.
Homes spend a median of 47 days on market with 8.0 months of supply — a balanced-paced market.
20% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.4% · poverty 26.1% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 44120, Cuyahoga County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 44120 area are significantly higher than the national average, with property and violent crime trends remaining a primary concern for local residents compared to safer suburban counterparts in the region.
The area is served by a mix of Cleveland Metropolitan School District and Shaker Heights City School District schools, with performance ratings varying significantly between the two districts.
The area faces standard urban climate risks, including potential for localized flooding during heavy rain events and typical Midwestern wind exposure; insurance premiums are generally consistent with the broader Cuyahoga County market.
Economic momentum is driven by proximity to the Cleveland Clinic and University Circle employment hubs, though residential development remains largely focused on infill and renovation rather than large-scale new construction.
Property taxes in this jurisdiction are determined by the Cuyahoga County Fiscal Officer based on triennial updates and sexennial reappraisals, with rates reflecting the combined levies of the city, county, and school district.
Residents benefit from proximity to the RTA Blue and Green rapid transit lines, providing direct rail access to downtown Cleveland and the University Circle employment core.
The area features access to the Shaker Lakes Parklands and various community centers, with proximity to the shopping and dining districts of Shaker Square and nearby University Circle.
The rental market is characterized by high demand for multi-family units and single-family rentals, with vacancy rates influenced by the large student and medical-professional population in the vicinity.
The local economy is anchored by the nearby University Circle district, which serves as a major hub for healthcare, higher education, and cultural institutions.
The area is well-served by the RTA rapid transit system, providing efficient rail and bus connections to downtown Cleveland and major employment centers.
Development activity is primarily focused on the revitalization of existing housing stock and small-scale commercial improvements within the Shaker Square corridor.
The Cuyahoga County Fiscal Officer manages property assessments, utilizing a sexennial reappraisal cycle and triennial updates to determine taxable values.
Parcels are subject to various levies including the Cleveland Metropolitan or Shaker Heights school districts, as well as county-wide library and health district taxes.
Property insurance markets in this area are stable, though premiums are sensitive to the age of housing stock and regional weather-related risk factors.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Fun 'n' Stuff4.412.9 mi
- Urban Air Trampoline and Adventure Park4.219.5 mi
- Round1 Bowling & Arcade - Mentor416.7 mi
- Sky Zone Trampoline Park4.417.2 mi
- Get Air Cleveland4.213.9 mi
- Rocket Arena4.66 mi
- Progressive Field4.75.8 mi
- Huntington Bank Field4.56.7 mi
- Blossom Music Center4.419.8 mi
- Topgolf Cleveland4.36.2 mi
- Rock & Roll Hall of Fame4.66.5 mi
- Cleveland Metroparks Zoo4.67.3 mi
- The Cleveland Museum of Art4.92.8 mi
- West Side Market4.76.6 mi
- JACK Cleveland Casino3.96.2 mi
- Rock & Roll Hall of Fame4.66.5 mi
- The Cleveland Museum of Art4.92.8 mi
- Cleveland Museum of Natural History4.53.1 mi
- House from A Christmas Story4.75.8 mi
- The Holden Arboretum4.817 mi
- Edgewater Park4.78.3 mi
- Lakewood Park4.811.5 mi
- Cleveland Botanical Garden4.72.9 mi
- Squire's Castle4.710.8 mi
- Cleveland Public Square4.56.3 mi
- Emerald Necklace Marina4.713.2 mi
- Whiskey Island Still & Eatery4.47.4 mi
- Shoreby Club4.75.8 mi
- Edgewater Yacht Club4.78.2 mi
- East 55th Street Marina4.55.5 mi
- Topgolf Cleveland4.36.2 mi
- Sleepy Hollow Golf Course4.312.2 mi
- Shawnee Hills Golf Course4.37.1 mi
- Manakiki Golf Course4.511.3 mi
- StoneWater Golf Club & Venue4.58 mi
- West Side Market4.76.6 mi
- Beachwood Place4.44.5 mi
- Tower City Center46.3 mi
- Meijer4.410 mi
- Pinecrest4.54.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A significant nature preserve and trail system serving the community.
A historic shopping district featuring retail, dining, and transit access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.