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A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +0.3% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −21.1% YoY, is the number to watch.
The median listing price is up 0.3% YoY while the median home got up 26.7% bigger, so value per square foot is down 19.0%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
Not shown: 1 BR (no price per sq ft reported).
At the median, a $120K purchase rents for $1,300/mo: 1.08% of price per month against the 1% rule's 1.00%.
Sales here take about 31 days longer to go under contract than rentals (median across 5 property types).
Not shown: Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 44128 itself, not its parent county.
Renters hold 49.9% of this ZIP's 12,409 occupied households, on a median household income of $44K.
| Measure | ZIP 44128 | Cuyahoga County | Difference |
|---|---|---|---|
| Median Household Income | $44K | $64K | -$20K |
| Below Poverty Level | 27.8% | 16.1% | +11.7% |
| Median Age | 40.80 | 40.40 | +0.40 |
| Total Population | 27,122 | 1,245,873 | -- |
| Avg Household Size | 2.15 | 2.20 | -0.05 |
| Owner-Occupied | 50.1% | 59.4% | -9.3% |
| Worked From Home | 9.2% | 15.5% | -6.3% |
| Mean Commute | 22.90 | 23.30 | -0.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.3% to 1,245,873: residents under 18 are down 1.0% and those 65 and over are up 2.2%.
County median household income is $64K, 16.1% of residents are below the poverty level, 15.5% work from home.