According to statistics, the population in Lakewood, OH amounts to 50,778, which shows decline 0% compared to the previous year. The median age of the city’s residents is 35. The average household income is $48,701, shifting growth 3% from the past year, and the average property value in Lakewood, OH growth 5% to $140,300 throughout the year.
|Number Of Employees||29,697|
|Median Property Value||$140,300|
The average household income in Lakewood, OH grew from $47,145 to $48,701 in the past year. This data is an estimate based upon 24,540 households in Lakewood, OH . The chart below presents how household income is distributed in Lakewood, OH in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lakewood, OH shifted from $134,000 to $140,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lakewood, OH in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lakewood, OH properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lakewood, OH compared to median property taxes around the country. The prevalent amount of property taxes in Lakewood, OH equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$45,500||N/A|
|1 bed for sale||$116,142||+22.2%|
|2 bed for sale||$151,627||-23.4%|
|3 bed for sale||$255,192||-30.6%|
|4+ bed for sale||$358,133||-17.7%|
During Jul 2022, the average price for an apartment in/near Lakewood, OH decreased by 19.2% to $289,308.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 22.2% to $116,142. Asking price for 2-bed apartment also decreased by 23.4% and a place of this size will now cost you $151,627. A 3-bed apartment goes for $255,192, it decreased by 30.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 17.7% and made it down to $358,133.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$359,900||+63.6%|
|Houses for sale||$330,450||-18.8%|
|Condos for sale||$123,187||-48.2%|
|Land for sale||$99,900||N/A|
|Duplexes for sale||$289,678||+1.6%|
Price reports demonstrate that house price decreased by 18.8% this month making it up to $330,450. Condos faced an upward trend these days. The median price for a condo decreased by 48.2%, it’s now available for $123,187. You can now purchase a duplex for just $289,678, duplex price increased by 1.6% this month. The property value of townhouses increased by 63.6%, you’ll have to spend around $359,900 to get one.