Why Live in Cedar-Fairmount
Cedar-Fairmount, known as the "Gateway to Cleveland Heights," is a historic neighborhood in Cleveland Heights, Ohio. Registered as a historic district in 1976, it features landmarks like the century-old Alcazar Hotel. The neighborhood's development surged after John D. Rockefeller allowed a streetcar line in 1906, enhancing connectivity and spurring growth. Cedar-Fairmount is renowned for its diverse architectural styles, including Tudor, French Chateau, Georgian, Colonial Revival, Victorian, and Neo-Classical homes. The area offers a mix of single-family homes, duplexes, townhouses, condominiums, and historic apartment buildings, with 61% of residents being renters. Fairmount Boulevard and Cedar Road are bustling with local cafes, bookstores, antique shops, and a variety of restaurants and bars. Nearby attractions include the Cleveland Botanical Garden, Cleveland Museum of Art, and the 3.3-mile Lake-to-Lakes Trail. Turtle Park and the Nature Center at Shaker Lakes provide outdoor recreation options, while Cain Park offers an amphitheater, playgrounds, and tennis courts. Cedar-Fairmount hosts events like the Summerfest Concert Series and neighborhood walking tours. The neighborhood is part of the Cleveland Heights-University Heights City School District and is close to private schools such as Laurel School and Beaumont School. Located about 6 miles east of downtown Cleveland, Cedar-Fairmount is a convenient commuter route with access to public transportation and bike paths. The area attracts a diverse population, including college students, professionals, and families.
Home Trends in Cedar-Fairmount, OH
On average, homes in Cedar-Fairmount, Cleveland Heights sell after 32 days on the market compared to the national average of 51 days. The median sale price for homes in Cedar-Fairmount, Cleveland Heights over the last 12 months is $455,000, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$455,000
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$585,000
Median 2 Bedroom Sale Price
$165,000
Median 1 Bedroom Sale Price
$80,000
Average Price Per Sq Ft
$161
Number of Homes for Sale
12
Last 12 months Home Sales
79
Median List Price
$439,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
20%