Housing Insights for ZIP Code 44070 (North Olmsted, OH)

Housing Summary for ZIP Code 44070

Homeowners

The median home value in ZIP Code 44070 (North Olmsted, OH) is $156,200. Approximately 74.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.1%.

The average occupancy of owner-occupied units in ZIP Code 44070 is 2.46 occupants, while owner-occupied units have an aggregate average size of 2.86 bedrooms per housing unit.

Renters

In the 44070 ZIP Code, an estimated 25.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.6%.

Among renter-occupied units in this ZIP, the average occupancy is 2.20 occupants, while renters in this Cuyahoga County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 44070

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 44070.

ZIP 44070 Ohio U.S.
Median Home Value $156,200 $240,735 $356,002
Owner-Occupied Housing Units 74.2% 66.1% 64.0%
Homeowner Vacancy Rate 1.1% 1.4% 1.6%
Average Size of Owner-Occupied Unit 2.46 2.53 2.70
Average # of Bedrooms Per Unit 2.86 2.78 2.75
Median Housing Rent $0 $808 $1,062
Renter-Occupied Housing Units 25.8% 33.9% 36.0%
Rental Vacancy Rate 4.6% 5.3% 6.0%
Average Size of Renter-Occupied Unit 2.20 2.23 2.49
Percent of Income Spent on Rent 0% 28.47% 29.83%

Home Values in ZIP Code 44070 (North Olmsted, OH)

The median home value in ZIP Code 44070 is $156,200. That median value is about 7% higher than the median home value of $145,700 in Ohio overall, and is 28% lower than the $217,500 the median home value in the entire U.S. Approximately 39.6% of homes in ZIP Code 44070 are valued $150,000 to $199,999. That is 125% higher than in the state of Ohio, in which 17.6% of homes are valued at $150,000 to $199,999, and is about 183% higher than in the U.S. overall (14.0% of homes valued at $150,000 to $199,999). The home value range that the smallest portion of ZIP Code 44070 homes fall into is $1,000,000 or more (0.3% of homes).

Home Values in ZIP Code 44070

This chart visualizes the breakdown of home values in ZIP Code 44070, Ohio, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 44070 vs. home values in both the state of Ohio and in the U.S. overall.

Home Values in ZIP Code 44070

See the table below for a regional comparison of home values in ZIP Code 44070.

Home Value ZIP 44070 Ohio U.S.
Less than $50,000 4.5% 8.5% 6.9%
$50,000 to $99,999 10.2% 21.6% 12.0%
$100,000 to $149,999 29.3% 21.6% 13.3%
$150,000 to $199,999 39.6% 17.6% 14.0%
$200,000 to $299,999 14.7% 17.4% 19.6%
$300,000 to $499,999 1.0% 9.8% 19.3%
$500,000 to $999,999 0.4% 2.8% 11.4%
$1,000,000 or more 0.3% 0.5% 3.4%

Home Ages in ZIP Code 44070 (North Olmsted, OH)

Approximately 34.5% of homes in this North Olmsted, OH region were built in 1960 to 1969. This amount of homes built in 1960 to 1969 in ZIP Code 44070 is about 185% higher than percentage of homes built in this time period in Ohio overall (12.1% of homes), and is 225% higher the percentage (10.6% of homes) in the U.S. as a whole. Additionally, an esimated 21.9% of local homes were built in 1950 to 1959. On the other end of the scale, just 0.0% of homes in this Cuyahoga County ZIP Code were built in 2010 to 2013 in ZIP Code 44070. In comparison, 1.6% of homes in Ohio overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 44070

A detailed regional comparison of home ages in ZIP Code 44070.

Year Built ZIP 44070 Ohio U.S.
2014 or later 0.0% 1.4% 2.5%
2010 to 2013 0.0% 1.6% 2.7%
2000 to 2009 3.0% 9.5% 14.0%
1990 to 1999 7.7% 11.8% 13.9%
1980 to 1989 6.0% 9.0% 13.4%
1970 to 1979 19.2% 14.3% 15.2%
1960 to 1969 34.5% 12.1% 10.6%
1950 to 1959 21.9% 14.1% 10.3%
1940 to 1949 4.2% 6.1% 4.9%
1939 or earlier 3.5% 20.1% 12.6%

Age of Homes in ZIP Code 44070

See the chart below for details on the age of homes in ZIP Code 44070, Ohio, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 44070

Frequently asked questions about housing in this North Olmsted, OH ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 44070.

1

What is the average home value ZIP Code 44070?

The median home value in ZIP Code 44070 (North Olmsted, OH) is $156,200.
2

Are homes expensive in ZIP Code 44070?

The median home value in 44070 ($156,200) is an estimated 7% higher than the aggregate median value of $145,700 in Ohio, and is 28% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 44070?

The vacacy rate for owner-occupied housing in ZIP Code 44070 is 1.1%. This rate is 21% lower than the overall Ohio owner-occupied vacancy rate of 1.4%. Additionally, the 44070 vacancy rate is 31% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 44070 have older homes or newer construction?

In ZIP Code 44070, about 34.5% of homes were built in 1960 to 1969. That time range includes the most home construction. Also, 21.9% of homes in the region were built in 1950 to 1959. In contrast, 0.0% of homes in 44070 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 44070? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 44070 than renter-occupied housing. Owner-occupied units make up 74.2% of housing, compared to 25.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 44070?

The vacacy rate for rental units in ZIP Code 44070 is 4.6%. This rate is 13% lower than the overall Ohio vacancy rate of 5.3%. Additionally, the 44070 vacancy rate is 23% lower than the entire U.S. vacancy rate of 6.0%.