Beachwood, OH

Population: 11,866
Average annual home appreciation rate: 4.89%
Total of homes for sale in this market:
Median home price: $271,756
Median Rent: $1,330 per room
Home price range: 28.25% of homes are between $186,001 – $279,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 52.01% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.86%
Number of renters: 34.28%
Number of owner occupied: 65.72%
Number people living below poverty level: 3.21%
Unemployment rate: 7.40%
Is this area perfect for real estate deals going on right now? High rent, and a recovering housing market… Could be the perfect time to get in front of the increasing appreciation rate. The saving available to cash buyers on troubled/foreclosed properties is immense, and could be great opportunity.

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