Why Live in University Circle
University Circle, located about four miles east of downtown Cleveland, is known as the city's unofficial second downtown due to its vibrant urban life and cultural richness. The neighborhood features a dynamic shopping and dining scene, particularly along Euclid Avenue, where eateries like Old Dog Coffee and Tacologist are popular spots. For fine dining, L'Albatros offers outdoor seating and a notable menu. Residents can shop for groceries at Plum Market or Asbury Foods. The area is also home to the Cleveland Museum of Art, which boasts a diverse collection of artworks, and the Cleveland Botanical Gardens, where locals enjoy vibrant blooms. Wade Oval and Wade Lagoon provide scenic spots for picnics and leisurely strolls. University Circle hosts the annual Parade the Circle, a community event featuring floats, costumes, and performances. Housing in the district varies from historic bungalows and Colonials to modern townhomes and Tudor-style condos. The median housing price is around $366,000. The neighborhood is highly walkable with abundant sidewalks and public transportation options, including the Cleveland RTA and CircleLink shuttle service. Major roads like Chester Avenue provide access to downtown Cleveland, and Cleveland Hopkins International Airport is about 16 miles away via Interstate Highway 71 South. Despite its cultural attractions and amenities, University Circle has a crime rate comparable to the national average.
Home Trends in University Circle, OH
On average, homes in University Circle, Cleveland sell after 29 days on the market compared to the national average of 70 days. The median sale price for homes in University Circle, Cleveland over the last 12 months is $365,750, down 48% from the median home sale price over the previous 12 months.
Median Sale Price
$365,750
Number of Homes for Sale
0
Last 12 months Home Sales
1
Median List Price
$375,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-48%