Welcome to our 44040 real estate data hub, tailored for investors in Gates Mills, OH. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 44040 in Gates Mills, OH. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CUYAHOGA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Gates Mills, OH real estate investing. Uncover the wealth of information available, and position yourself for success in the Gates Mills property market.
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Location Overview
- Zip Code: 44040
- City: Gates Mills
- State: OH
- Metro Area: Cleveland-Elyria, OH
- County Name: CUYAHOGA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $569,801
- Average Home Price (Single Family Homes): $570,784
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 0.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,230
- Average 3 Bedroom Section 8 Rental Rates: $1,600
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 38.6
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 29.68
- Number of Units Offered in Section 8 in the County: 14391
- Number of Occupied Units in Section 8 in the County: 13533
- Percentage of Section 8 Units Occupied in the County: 94%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 34.47
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.23%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.75%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.41%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 25.77%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 44.39%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.98%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.25%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%