Real Estate Market Update for Beachwood, OH
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 21% from one year earlier, and down 18% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 41%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 380-thousand dollars. The number of units sold decreased 37% year-over-year, and decreased 17% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Beachwood, OH

Area Information for Beachwood, OH
  • Population: 12,362
  • Median Age: 50.76 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 5
  • Sales Tax: 0%
  • Population Density: 2,338/sq mi
  • Population Change Since 2000: 1.02%
  • Closest Airport: Burke Lakefront
  • Closest College: Notre Dame College
  • Closest Jr. College: Cuyahoga Cmnty College-eastern Campus
  • Median Household Income: $95,021
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $287,300
  • Closest Major Sports Team: Lake County Captains (a)
  • Change Avg. Household Income Since 2000: 45.15%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Beachwood, OH
Median Age: 50.76 Married: 47% Number of Households: 5,173 Households with Children: 1,345
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Beachwood, OH

      School Name Distance Type Grades School Rating
      Mercer Elementary School 0.5 mi Public PRESCHOOL-4 4
      Bryden Elementary School 0.7 mi Public K-2 0
      Laurel School 1.0 mi Private PRESCHOOL-12 0
      Beachwood Middle School 1.2 mi Public 6-8 5
      University School Shaker Campus 1.2 mi Private K-8 0
      The University School 1.2 mi Private PRESCHOOL-8 0
      Shaker Heights Middle School 1.3 mi Public 7-8 2
      Joseph And Florence Mandel Jewish Day School 1.3 mi Private PRESCHOOL-8 0
      Fairmount Elementary School 1.4 mi Public PRESCHOOL-PRESCHOOL 0
      Fuchs Mizrachi Of Cleveland 1.4 mi Private PRESCHOOL-12 0
      Beachwood High School 1.4 mi Public 9-12 5
      Yeshiva High School Of Cleveland 1.5 mi Private 9-12 0
      Hanna Perkins School 1.5 mi Private PRESCHOOL-K 0
      St Dominic School 1.7 mi Catholic K-8 0
      Hebrew Academy Of Cleveland - Yavne High School 1.7 mi Private 7-12 0
      Hathaway Brown School 1.8 mi Private PRESCHOOL-12 0
      Hilltop Elementary School 2.1 mi Public 3-5 5
      Adlai Stevenson School 2.1 mi Public PRESCHOOL-8 0
      Lomond Elementary School 2.1 mi Public K-4 2
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Beachwood, OH
        Data powered by Attom Data Solutions. Copyright© 2021. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.