Welcome to our 44145 real estate data hub, tailored for investors in Westlake, 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 44145 in Westlake, 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 Westlake, OH real estate investing. Uncover the wealth of information available, and position yourself for success in the Westlake property market.
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Location Overview
- Zip Code: 44145
- City: Westlake
- State: OH
- Metro Area: Cleveland-Elyria, OH
- County Name: CUYAHOGA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $349,663
- Average Home Price (Single Family Homes): $397,700
- Average Monthly Rental Price (All Types): $1,918
- Price-to-Rent Ratio: 15
- Zillow Projected % appreciation from 4/2023-4/2024: 1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,370
- Average 3 Bedroom Section 8 Rental Rates: $1,780
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.27
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.37
- 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): 121.17
- Total % Appreciation since 2000 (Government Data): 64.98
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.51%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.83%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.45%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.65%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 62.63%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.52%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 57.96%
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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%