44124, Cleveland, OH

The 44124 zip code of Cleveland, OH has a population of around 1.5 million people and is home to many large companies such as General Motors, Quicken Loans, and American Express. The median home value in this zip code is $128,000 which makes it one of the more affordable areas in Cleveland. In addition, the average home equity in this area is $87,000 which means that most homeowners have a significant amount of equity in their homes.

Despite these positive factors, there are some potential risks associated with owning a home in the 44124 zip code. One such risk is that the area has seen an increase in crime over the past few years which could lead to increased insurance premiums or even loss of property value. Additionally, although home values have been relatively stable over the past few years, they could decline if interest rates rise or if there are any other unforeseen economic factors that affect this area.