Life in the Midwest awaits you in the vibrant city of Cleveland, Ohio. The thriving economy is bolstered by new development, innovative industries and an array of growing start-ups. This attractive city offers a low cost-of-living, excellent amenities, culture, and recreation. Cleveland’s location south of Lake Erie opens a whole world of possibilities for water recreation. The public transportation system, “the Rapid,” is highly rated and notably one of the finest in the nation. The excellent location puts you within 60 miles of Pennsylvania and about 90 miles from Detroit, Michigan and Windsor, Canada. Cleveland is a Midwestern city that allows you to thrive!
New Housing
As in many other sectors, the new home prices in this area are increasing as its its diversifying economy. With Cleveland as one of three Ohio cities projected to be among the top housing markets in 2024, homebuyers can take full advantage of the new home options in this Midwestern gem.
Economy and Amenities
Historically a city that has economically relied on the manufacturing sector, today government incentives have helped to develop Cleveland’s science and technology industries. Large employers like Google, Intel, and Amazon making their presence known in Ohio will add to the career prospects and housing for new homebuyers. With a recent boom in health-care employment, professional, scientific and technical service jobs, and exports medical equipment devices, the economy is conducive for an influx of new homes.
Cleveland is home to the renowned Cleveland Clinic, a leading provider in world class medical care and groundbreaking research. Discoveries and accolades for the clinic include the successful completion of the first near-total face transplant and the creation of the Cleveland HeartLab, which helps turn research and inventions into viable medical products. Many other biotech startups have been spawned from the research and backing of the clinic as well.
Cleveland Fun
Cleveland is more than a thriving economic hub; it’s also a city with an incredibly robust culture. Home to iconic tourist attractions such as The Rock and Roll Hall of Fame Museum, Cleveland draws big-name musical acts and pays homage to some of rock’s greatest musicians while also providing a rich environment for up-and-coming artists. It has even earned the nickname of the Rock and Roll Capital of the World. Considering the first rock concert was held in this city in 1952, they have earned this moniker.
If that’s not reason enough to make Cleveland your home, Cleveland is also the home to one of the largest performing arts centers, second only to those found in New York City. One such venue known as the Playhouse Square draws some of the most popular Broadway shows and operas to an annual audience of more than 1 million people.
Sports enthusiasts are in nirvana with professional baseball, football and basketball teams. Fans enjoy attending games and/or supporting the Guardians, the Browns, and the Cavaliers at sports bars. From the Cleveland Metroparks Zoo to the Cleveland Museum of Art to the Great Lakes Science Center, there is something to spark joy for Cleveland residents of all ages.
Looking to buy a home in Cleveland? We’ve got good news — homes in Cleveland are some of the most affordable in the country. The median home value in the Cleveland metropolitan area is around $141,000, according to the U.S. Census Bureau. That’s significantly lower than rates in neighboring Pennsylvania and New York and comparable to those in Michigan. Cleveland has a promising future for potential new homebuyers!