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Sarah Mitchell
Compass Real Estate · ZIP 44107
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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44107 ZIP Code Housing Market
$349,000median sale price
What is the 44107 housing market like right now?
The median home sale price in ZIP code 44107 is $349,000, up 7.5% year-over-year. Homes sell in an average of 27 days with 116 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 44107 ZIP code a buyer's or seller's market?
ZIP code 44107 is currently a balanced market and homes selling in about 27 days. How we determine this →
What are the latest 44107 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $349,000 |
| Median list price | $350,000 |
| Year-over-year price change | +7.5% |
| Average days on market | 27 days |
| Active inventory | 116 listings |
| Sale-to-list price ratio | 100.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 44107 zip code, located in Lakewood, OH, is currently classified as a balanced market. The median sale price stands at $349,000, representing a +7.5% change year over year. Homes in this area spend an average of 27 days on the market before going under contract. There are currently 116 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 44107 sits in the Lakewood, OH area, roughly 0.2 miles from downtown Lakewood. Because home prices are set street by street, this ZIP can move differently from Lakewood's citywide averages. The figures below reflect 44107 specifically — drawn from Redfin transactions, U.S. Census data for its 50,018 residents, and Zillow value estimates.
Homes sold
159
Last 12 weeks
Days on market
27
Average pace
Active listings
116
Sale-to-list
100.3%
Above asking
What is driving the 44107 housing market?
The 44107 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 100.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 44107 have increased +7.5% 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 44107 stands at $300,977, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,467 per month. This gives a price-to-rent ratio of approximately 17.1, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 44107?
Population
50,018
Median income
$68,970/yr
Median age
35.5 years
Owner-occupied
44.4%
College grads
55.3%
Avg commute
20.21 min
What is it like living in 44107?
Zip code 44107 is home to approximately 50,018 residents. The median household income is $68,970 per year, which shapes the types of homes and amenities available in the area. With a median age of 35.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 44.4% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 55.3% 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 20.21 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 44107.
Which public schools serve ZIP 44107?
12 schools tracked · 4,410 students
The largest public schools serving ZIP code 44107 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.
Lakewood High School
Grades 8-12 · 1,414 students
Garfield Middle School
Grades 6-8 · 469 students
Harding Middle School
Grades 6-8 · 459 students
Grant Elementary School
Grades PK-5 · 330 students
Emerson Elementary School
Grades K-5 · 310 students
Hayes Elementary School
Grades PK-5 · 290 students
Harrison Elementary School
Grades PK-5 · 270 students
Lincoln Elementary School
Grades PK-5 · 264 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 44107
What is the median home price in 44107?
The current median sale price in 44107 is $349,000, based on recent Redfin transaction data. Prices have changed +7.5% 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 44107 a buyer's or seller's market?
The 44107 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 44107?
Zip code 44107 has a population of approximately 50,018 residents. The median household income is $68,970 per year. About 44.4% 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 44107?
Properties Incorporated provides comprehensive data for 44107 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 44107 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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