44613, Brewster, OH

Brewster, Ohio is located in the southeastern corner of Cuyahoga County and has a population of just over 10,000. Home prices in the 44613 zip code have increased by an average of 9.5% over the past year, outpacing the statewide increase of 6.4%. This rapid growth has led to a median home price of $129,900 which is well above the statewide median home price of $123,700.

The primary drivers behind this increase are likely strong demand and limited supply. The population growth within Brewster has led to an increased demand for housing which has in turn driven up prices. Additionally, there are relatively few homes available for sale within the 44613 zip code which has also contributed to higher prices. In fact, only 2 out of every 100 homes currently for sale are priced below $100K – indicating that there is strong demand for properties within this area.

Despite these positive factors, there are some potential risks that could impact home prices in Brewster in the future. For example, if interest rates rise or if more homes become available for sale then prices may decrease accordingly. Additionally, if economic conditions worsen then buyers may be less likely to purchase property due to concerns about their ability to maintain payments or find a job that pays enough to cover monthly expenses. However, based on current trends it seems likely that home values will continue to grow in Brewster over time and residents will be able to enjoy significant increases in their net worth as a result