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Lakewood

Lakewood

Located in Cuyahoga County

$335,278 Average Value
$192 Average Price per Sq Ft
13 Homes For Sale

Densely-packed community with a small-town feel near Cleveland

Lakewood is a densely populated Cleveland suburb, with about 50,000 people living within 5 square miles, defined by its walkability. Located 6 miles west of Cleveland, on the southern shores of Lake Erie, this is one of the area's original streetcar suburbs, where history is preserved in the historic neighborhoods and homes. Lakewood fosters community pride through programs encouraging residents to maintain their homes and keep their neighborhoods looking beautiful. It promotes community, with a thriving shopping and dining scene emphasizing locally owned spots over chains. Small businesses are Lakewood's largest collective employer, providing jobs for 75% of the city's workforce, while the nearby Cleveland Clinic healthcare system makes it popular amongst medical professionals.

The population has gradually declined since 1930, but the city keeps evolving. In 2024, the town completed parks and infrastructure updates and offered financial assistance programs for historic home renovations. "We're actively trying to identify the people that do come here, whether they're long-term residents or renters, and helping them feel like they can establish their own piece of ownership, whether that's a business or a house," says Troy Bratz, a Lakewood resident and chair of the board of the Lakewood Chamber of Commerce.

Lakewood, six miles from Cleveland, is a densely populated city on the coast of Lake Erie.
Lakewood, six miles from Cleveland, is a densely populated city on the coast of Lake Erie.
Downtown Lakewood hosts community events throughout the year.
Downtown Lakewood hosts community events throughout the year.
The majority of Lakewood homes are two stories and have large front porches.
The majority of Lakewood homes are two stories and have large front porches.
Humble Wine Bar, in Lakewood, is known for their pizza, wine selection, and happy hour.
Humble Wine Bar, in Lakewood, is known for their pizza, wine selection, and happy hour.
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Low-interest loans for historic home renovations

Lakewood's median single-family home price is $315,000, compared with $151,000 for Cleveland. This number rose 6% between 2023 and 2024, with a high demand driving these higher prices. "I would estimate that Lakewood homes are sitting on 8 to 12 offers, whereas in Cleveland, you're looking at 2 to 5 offers," Bratz says. The city is known for its 100-plus-year-old homes but has a range of housing styles for different budgets, including apartments and townhouses. Streets are tightly packed, with most homes on roughly a tenth of an acre. The proximity creates stronger bonds for some, with some blocks forming tight-knit communities. "There are very strong block clubs," Bratz says. "They'll compete to see who can do the best Christmas lights and who can make it the most walkable."

Lakewood has several neighborhoods with a history, like Birdtown, a former factory neighborhood with duplexes and worker's cottages dating to the turn of the 19th century. It gets its name from the many streets named after birds. Clifton Park is a historic neighborhood with ornate Victorian, Tudor and Georgian estates with higher price tags. West End is a vibrant neighborhood with new townhouses and historic houses near the thriving Detroit Avenue commercial area. In 2024, the city revived the Heritage Home Program, which provides low-interest equity loans for owners renovating properties older than 50 years.

Impressive historical homes attribute to Lakewood's warmth and charm.
Impressive historical homes attribute to Lakewood's warmth and charm.
Lakewood homes often have front yard flower beds and charmingly adorned porches.
Lakewood homes often have front yard flower beds and charmingly adorned porches.
Duplexes are popular among Lakewood renters and make for great investments opportunities.
Duplexes are popular among Lakewood renters and make for great investments opportunities.
Lakewood's Gold Coast is home to several high-rise condominiums and apartments.
Lakewood's Gold Coast is home to several high-rise condominiums and apartments.
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Waterfront views at the updated Lakewood Park

Green spaces dot the city, with seven pocket parks, five neighborhood parks and three larger city parks. "You can end up walking to any of the major parks within half a mile of your residence," Bratz says. The largest is Lakewood Park, a 31-acre space with a skatepark, tennis and sand volleyball courts and views of Lake Erie. The Cleveland skyline is within view to the east. In 2024, the park unveiled a new and improved Foster Pool complex featuring a new competition and recreation pool, water play area and splash pad following a multi-million-dollar renovation project. The park doesn't currently have waterfront access, but a feasibility study is in the works, which could create a new pier and beachfront.

A master plan is also in the works to replace the aging athletic fields and courts, picnic pavilions, playground and pool at Madison Park, the city's second-largest park. Winterhurst Ice Arena, which opened in 1976, has served generations and is a popular recreation option throughout the year, with open skating and lessons for both figure skating and hockey.

Lakewood's Solstice Steps is the among the city's most popular gathering spots.
Lakewood's Solstice Steps is the among the city's most popular gathering spots.
Locals admire the sunset at Lakewood's Solstice Steps.
Locals admire the sunset at Lakewood's Solstice Steps.
An extensive walking path meanders throughout Lakewood Park.
An extensive walking path meanders throughout Lakewood Park.
Lakewood Park has several pickleball, tennis, and basketball courts.
Lakewood Park has several pickleball, tennis, and basketball courts.
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Lakewood schools earn top marks

Education is a draw for Lakewood, from pre-kindergarten to postsecondary studies. Lakewood City Schools is regarded as one of Ohio's top districts, earning an overall A from Niche. It oversees one early childhood program, seven elementary schools, two middle schools, one high school and an alternative school, each earning either an A or an A-minus grade. The district has earned eight Best Communities for Music Education Awards, presented by the National Association of Music Merchants. The A-minus-rated Lakewood High School has various vocal and instrumental ensembles.

Cleveland Clinic and MetroHealth draw in new residents with internal medicine residency programs. The University Hospitals system offers various fellowship training programs in cardiovascular medicine, endocrinology, gastroenterology and other fields.

Students can participate in a variety of athletic programs at Lakewood High School.
Students can participate in a variety of athletic programs at Lakewood High School.
Garfield Middle School challenges Lakewood students with an all encompassing curriculum.
Garfield Middle School challenges Lakewood students with an all encompassing curriculum.
Lakewood City Schools have earned and overall grade of A+ from Niche.
Lakewood City Schools have earned and overall grade of A+ from Niche.
Lakewood is home to several private schools, such as Lakewood Catholic Academy.
Lakewood is home to several private schools, such as Lakewood Catholic Academy.
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Small businesses are king in Lakewood

Small businesses draw shoppers and diners from Cleveland proper. Over 1000 businesses, such as coffee shops, bars, restaurants, gastropubs, anime stores and boutiques, line Detroit and Madison Avenues, the two main commercial thoroughfares. The list is growing, with 100 small businesses opening or renovating here in the last four years. "There is only one McDonald's, one Starbucks, even though we're surrounded by them," Bratz says. "It is intended to be more community-focused, community-driven." Goodkind Coffee makes coffee drinks with house-roasted beans, while Barrio is a popular option for Mexican eats, such as build-your-own tacos. Superscript is a recent addition to the area, specializing in comics and games. Due to the city's density, many options are easily walkable.

Small businesses, like Mishi Lifestyle, support the majority of Lakewood's workforce.
Small businesses, like Mishi Lifestyle, support the majority of Lakewood's workforce.
Lakewood's many restaurants cater to a variety of lifestyles and tastes.
Lakewood's many restaurants cater to a variety of lifestyles and tastes.
Lakewood locals frequent Goodkind Coffee for its relaxing atmosphere and artisan beverages.
Lakewood locals frequent Goodkind Coffee for its relaxing atmosphere and artisan beverages.
Angelo's Pizza, in Lakewood, boasts several
Angelo's Pizza, in Lakewood, boasts several "Best of Cleveland" awards and accolades.
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Lakewood Arts Festival is a celebrated city tradition

Lakewood has a long history of special events, with annual traditions dating back several decades. One is the Lakewood Arts Festival in August, a juried exhibition where over 160 artists sell paintings, ceramics and other fine art. The summer event season winds down with the Lakewood Community Festival in early September. Going on for over 36 years, it celebrates community and cultural heritage with international foods such as pierogis, kielbasa and sauerkraut. Light Up Lakewood is a newer tradition, going for nearly 20 years. This December event features a holiday parade, lighting ceremony, fireworks and more on Detroit Avenue.

Attracting thousands of visitors, Lakewood Arts Festival is a neighborhood favorite event.
Attracting thousands of visitors, Lakewood Arts Festival is a neighborhood favorite event.
Lakewood's Spooky Pooch Parade celebrates the Halloween season in a magical way,.
Lakewood's Spooky Pooch Parade celebrates the Halloween season in a magical way,.
The Light Up Lakewood Parade makes its way down Detroit Avenue.
The Light Up Lakewood Parade makes its way down Detroit Avenue.
Lakewood Community Festival hosts family activities and supports local organizations.
Lakewood Community Festival hosts family activities and supports local organizations.
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Ohio's most walkable city

Walk Score deems Lakewood the most walkable city in the state, and it is continually improving, with an ongoing 10-year project to improve its 180 miles of sidewalks. According to city data, over 10% of residents walk or use public transportation to get to work. The Greater Cleveland Regional Transit Authority operates several bus lines from Lakewood into the city, including routes 25 and 26. The Cleveland Hopkins International Airport is just six miles south, and accessible by the RTA Red Line train. Cleveland Clinic's Family Health Center is centrally located in Lakewood, offering around-the-clock emergency care.

Lower crime rates than the state and national average

According to FBI data, property and violent crime in Lakewood have typically trended below state and national averages since 2015. The city saw decreases in violent and property crimes between 2017 and 2021, according to the Lakewood Police Department. In 2024, the LPD increased its capacity for the first time in over a decade, raising the maximum authorized number of police officers by five. In 2023, the city also launched the Safe Place Initiative, wherein businesses and organizations provide shelter for victims of hate crimes.

Liz Coughlin
Written By
Liz Coughlin
Nile Vincz
Photography Contributed By
Nile Vincz
Patrick Johnson
Video By
Patrick Johnson

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Lakewood Housing Trends

Housing Trends

Median List Price
$239,950
Median Sale Price
$183,700
Median Single Family Sale Price
$227,900
Median Townhouse Sale Price
$379,950
Median 2 Bedroom Sale Price
$243,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
84
Median Home Sale Price YoY Change
-1%
Average Price Per Sq Ft
$192

Neighborhood Facts

Number of Homes in Neighborhood
11,453
Number of Homes for Sale
13
Median Year Built
1921
Months of Supply
1.90
Average Single Family Home Size Sq Ft
1,723
Below the national average
1,924
Average Townhouse Size Sq Ft
2,285
Average 2 Bedroom Size Sq Ft
1,059
Average 1 Bedroom Size Sq Ft
701
Average Studio Size Sq Ft
499
Median Lot Size Sq Ft
5,227

Open Houses

  • Saturday, Aug 2
    11am - 3pm

    12900 Lake Ave Unit 407, Lakewood, OH 44107

    $259,000

    • 2 Beds
    • 1 Bath
    • 12900 Lake Ave
    • Unit 407

    Come into this spacious two-bedroom, one-bath suite located in the vibrant Carlyle community! A place where comfort meets convenience. Imagine starting your mornings with breathtaking sunrises over Lake Erie, all from the privacy of your own balcony.Included with the suite is one heated underground garage space and a private storage locker, adding to your ease of living. Your monthly

    Jeffrey Glover Century 21 Homestar

    Section Image
  • Wednesday, Jul 30
    5 - 7pm

    11613 Lake Ave, Cleveland, OH 44102

    $660,000

    • 3 Beds
    • 3 Baths
    • 1,953 Sq Ft
    • 11613 Lake Ave

    Pointing You Home to this striking & stylish townhome in one of Cleveland’s most coveted neighborhoods—Edgewater. Crafted by renowned developer Brickhaus, this architectural gem is part of a collection of 11 Neo-Classical townhomes, built on the historic site of the former Fifth Church of Christ Scientist. These landmark residences feature timeless stone facades, elegant proportions, & design

    Julie Weist Howard Hanna

    Section Image

Homes for Sale

Homes for Rent

Condo Buildings

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
41''
Average Winter Low Temperature
23°F
Average Summer High Temperature
83°F
Annual Snowfall
55''

Area Factors

Bikeable

Bike Score®®

67 / 100

Walker's Paradise

Walk Score®®

90 / 100

Some Transit

Transit Score®®

40 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lakewood