Investor-grade market analytics for Cleveland-Elyria, Ohio. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$255,598
+4.1% year-over-year
6.9%
gross annual
Migration: Top 98% nationally
In-migrants avg $68,593 AGI vs out-migrants $78,032
Opportunity Zone Market
31 ZIP codes in Cleveland-Elyria are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Cleveland-Elyria, OH shows steady growth at 4.1% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.84x, below the national average of 4.8x. Net negative migration (-2,542 returns/year) is reducing housing demand pressure. Climate risk remains low (39/100), favorable for long-term investment stability. Rental yield of 6.92% is strong, making this market attractive for buy-and-hold investors.
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.