Investor-grade market analytics for Cleveland-Elyria, Ohio. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$236,080
+4.4% year-over-year
7.1%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Cleveland-Elyria, OH shows steady growth at 4.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.55x, below the national average of 4.8x. Net negative migration (-2,094 returns/year) is reducing housing demand pressure. Climate risk remains low (39/100), favorable for long-term investment stability. Rental yield of 7.07% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Cleveland-Elyria, OH's primary climate exposure is wind storms (70/100). The composite climate risk score of 39/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.