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Sarah Mitchell
Compass Real Estate · ZIP 44060
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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44060 ZIP Code Housing Market
$276,250median sale price
What is the 44060 housing market like right now?
The median home sale price in ZIP code 44060 is $276,250, up 7.3% year-over-year. Homes sell in an average of 29 days with 108 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 44060 ZIP code a buyer's or seller's market?
ZIP code 44060 is currently a balanced market and homes selling in about 29 days. How we determine this →
What are the latest 44060 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $276,250 |
| Median list price | $289,900 |
| Year-over-year price change | +7.3% |
| Average days on market | 29 days |
| Active inventory | 108 listings |
| Sale-to-list price ratio | 99.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 44060 zip code, located in Mentor, OH, is currently classified as a balanced market. The median sale price stands at $276,250, representing a +7.3% change year over year. Homes in this area spend an average of 29 days on the market before going under contract. There are currently 108 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 44060 sits in the Mentor, OH area, roughly 1 miles from downtown Mentor. Because home prices are set street by street, this ZIP can move differently from Mentor's citywide averages. The figures below reflect 44060 specifically — drawn from Redfin transactions, U.S. Census data for its 60,779 residents, and Zillow value estimates.
Homes sold
202
Last 12 weeks
Days on market
29
Average pace
Active listings
108
Sale-to-list
99.5%
Below asking
What is driving the 44060 housing market?
The 44060 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 99.5% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 44060 have increased +7.3% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 44060 stands at $282,892, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,588 per month. This gives a price-to-rent ratio of approximately 14.8, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 44060?
Population
60,779
Median income
$87,599/yr
Median age
46.1 years
Owner-occupied
81.8%
College grads
36.6%
Avg commute
22.63 min
What is it like living in 44060?
Zip code 44060 is home to approximately 60,779 residents. The median household income is $87,599 per year, which shapes the types of homes and amenities available in the area. With a median age of 46.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 81.8% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 36.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 22.63 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 44060.
Which public schools serve ZIP 44060?
13 schools tracked · 7,067 students
The largest public schools serving ZIP code 44060 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mentor High School
Grades 9-12 · 2,318 students
Memorial Middle School
Grades 6-8 · 848 students
Shore Middle School
Grades 6-8 · 757 students
Ridge Elementary School
Grades K-5 · 681 students
Hopkins Elementary School
Grades K-5 · 471 students
Bellflower Elementary School
Grades K-5 · 469 students
Orchard Hollow Elementary School
Grades K-5 · 376 students
Fairfax Elementary School
Grades K-5 · 324 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 44060
What is the median home price in 44060?
The current median sale price in 44060 is $276,250, based on recent Redfin transaction data. Prices have changed +7.3% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 44060 a buyer's or seller's market?
The 44060 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 44060?
Zip code 44060 has a population of approximately 60,779 residents. The median household income is $87,599 per year. About 81.8% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 44060?
Properties Incorporated provides comprehensive data for 44060 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 44060 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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