Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
133 Westlake, OH 44145, USA apartments for sale
Westlake
According to statistics, the population in Westlake, OH amounts to 32,387, which shows decline 0% compared to the previous year. The median age of the city’s residents is 47. The average household income is $81,966, shifting growth 1% from the past year, and the average property value in Westlake, OH growth 2% to $241,900 throughout the year.
| Population | 32,387 |
| Median Age | 46.7 |
| Poverty Rate | 5% |
| Household Income | $81,966 |
| Number Of Employees | 16,397 |
| Median Property Value | $241,900 |
Household Income
The average household income in Westlake, OH grew from $80,989 to $81,966 in the past year. This data is an estimate based upon 13,751 households in Westlake, OH . The chart below presents how household income is distributed in Westlake, OH in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Westlake, OH shifted from $236,400 to $241,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Westlake, OH in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Westlake, OH properties falls in the '$250,000 to $299,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Westlake, OH compared to median property taxes around the country. The prevalent amount of property taxes in Westlake, OH equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Westlake, OH 44145, USA
Average sale in Westlake: $401,083 (-20.3%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| 1 bed for sale | $105,000 | N/A |
| 2 bed for sale | $265,176 | +42.3% |
| 3 bed for sale | $356,444 | -5.7% |
| 4+ bed for sale | $519,912 | -23.4% |
During Jul 2022, the average price for an apartment in/near Westlake, OH decreased by 20.3% to $401,083.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $105,000 with no changes this month. Asking price for 2-bed apartment also increased by 42.3% and a place of this size will now cost you $265,176. A 3-bed apartment goes for $356,444, it decreased by 5.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 23.4% and made it down to $519,912.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Townhouses for sale | $340,640 | +27.3% |
| Houses for sale | $431,086 | -30.4% |
| Condos for sale | $306,247 | +32.7% |
| Land for sale | $500,000 | +1153.1% |
Price reports demonstrate that house price decreased by 30.4% this month making it up to $431,086. Condos are really in demand in this season. The median price for a condo increased by 32.7%, it’s now available for $306,247. The property value of townhouses increased by 27.3%, you’ll have to spend around $340,640 to get one.