$297,660Average Value$285Average Price per Sq Ft3Homes For Sale
Life in Cleveland's performing arts district
In Cleveland’s Playhouse Square, the neon glow of the neighborhood’s namesake performing arts center illuminates walks to dinner and a show. This cluster of theaters and concert venues hosts more than 1,000 events each year, attracting hordes of tourists and arts-loving locals to this vibrant slice of downtown. Those who make a home here enjoy walkability to restaurants and entertainment within a flashy, yet historic setting. "Playhouse Square has a New York Broadway vibe to me," says Stacey Burnett, a Realtor with Re/Max Crossroads Properties and a longtime Cleveland resident. "Those lights and LED displays? You could be standing in Times Square."
Steps from historic theaters and the Cleveland Guardians
This theater district has a dramatic flair, with an enormous chandelier hanging over Euclid and 14th streets and an LED sign reading “Playhouse Square.” There are five main theaters here, each built in the early 1920s featuring ornate interiors. The longest running is the Tony Award-winning Cleveland Play House, founded in 1915. These performance spaces host a diversity of entertainment, from touring comedy acts to ballet and new dramas to classic musicals.
For as arts oriented as Playhouse Square can be, the neighborhood is mere steps from Progressive Field, home of the Cleveland Guardians. Rocket Mortgage Fieldhouse is also next door, hosting Monsters hockey and Cavalier basketball games. Fans of Cleveland State University sports can walk to the Wolstein Center on campus.
Night time means it's "show time" in Playhouse Square.
Playhouse Square residents have a short walk to Cleveland's professional sports venues.
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Playhouse Square's vibrant nightlife
Playhouse Square has a robust nightlife scene, busy with theatregoers and students at nearby Cleveland State University. Hofbräuhaus was founded in Munich in 1589 and has a Cleveland location within the neighborhood that serves classic German favorites in a sprawling indoor and outdoor setting. The beer hall hosts live entertainment such as polka bands on weekends. “Some weekends it fills up with nothing but college kids, maybe once a month, but the age range here is anything from 21 to 90,” says bar manager Jen Martin. “Everyone’s up on the benches doing shotskis, it’s an experience.”
For a more low-key vibe, Becky’s is a neighborhood bar with arcade games, wings and pierogies. Sports fans pack into Wild Eagle Saloon to use the self-serve beer bar and watch the Browns, Cavaliers or Guardians play.
Residents can pick up necessities at Heinen’s Grocery Store, housed in an ornate former bank building. The 5th Street Arcade, a historic indoor shopping and dining street, is a short walk away.
Hofbräuhaus, a lively beer hall near Playhouse Square, boasts live music and tasty Shot-skis.
5th Street Arcade features multilple restaraunts and boutiques near Playhouse Square.
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Limited inventory of Playhouse Square condos
A small handful of condo buildings are tucked into the neighborhood’s dining and entertainment scene. Units typically range between $160,000 and $500,000, depending on how renovated the property is. Playhouse Square is on the National Register of Historic Places, and the architectural landscape harkens back to turn of the 20th century, when the area was first developed. Inventory is limited and demand is high: units here typically sell after 23 days on the market, much faster than the national average of 44 days.
Condominiums are hard to come by in Playhouse Square, so act fast when they show on the market.
High rise apartments are the primary residences found around Playhouse Square.
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Strolls through historic Erie Street Cemetery
Erie Street Cemetery breaks up the urban landscape, offering a verdant space to walk and visit the graves of local historical figures, including John Malvin, an activist in the Underground Railroad. Locals can also visit Perk Plaza, which has shaded benches and hilly pockets of grass. In the summer, the park hosts Walnut Wednesday, a weekly lunchtime event with food trucks and live music.
For a quiet walk, head to Playhouse Square's historic Erie Street Cemetery.
Playhouse Square residents often walk their dogs at Perk Plaza.
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A walkable neighborhood close to Tower City Rapid Station
Playhouse Square residents are already in the heart of the city, putting much of downtown Cleveland within walking distance. The neighborhood has a Walk Score of 94 out of 100. Tower City Center, a hub for local transit authority RTA, is less than a mile from the neighborhood. From the Tower City station, locals can catch a bus to destinations throughout the Cleveland area, including Cleveland Hopkins International Airport 12 miles away. Buses also stop on most streets in the neighborhood.
Euclid Avenue is a major throughway and intersects with Interstate 90, which is just east of Playhouse Square.
Cleveland State University partners with local schools
Cleveland State University bumps up against the neighborhood, infusing the area with more than 14,000 students. Locals can expect larger crowds at their favorite bars, especially during the school year.
The university partners with local public schools, including Campus International School, serving kindergarten through high school on Cleveland State University’s campus. The school is divided into lower and upper campuses and has International Baccalaureate programs for every grade level. Niche gives it a C-plus. Cleveland Metropolitan School District offers school choice, granting students a wealth of educational options.
Playhouse Square, next to Cleveland State University, is ideal for student housing and outings.
Students in Playhouse Square are offered a great education at Campus International High School.
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High crime scores in downtown Cleveland
Playhouse Square has a crime score of 10 out of 10 on the CAP Index, significantly higher than the national average of 4. The neighborhood sees heavy foot traffic as an urban tourist center. Car break-ins are a particular concern among residents here.
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Playhouse Square Demographics and Home Trends
On average, homes in Playhouse Square, Cleveland sell after 10 days on the market compared to the national average of 53 days. The median sale price for homes in Playhouse Square, Cleveland over the last 12 months is $189,900, up 19% from the median home sale price over the previous 12 months.
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Eric LakiaBerkshire Hathaway HomeServices Professional Realty
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