44861, Old Fort, OH

The 44861 zip code of Old Fort, OH is located in the northeast corner of the state and includes a small portion of the city of Cleveland. According to the 2010 census, the population of Old Fort was 2,811. Home prices in this zip code have increased significantly over the past several years and are now among the highest in Ohio.

In 2008, home prices in this zip code were $128,000. By 2013, home prices had increased to $269,000 and continued to rise through 2016, when they reached $348,000. In 2017 alone, home prices increased by 7% to reach $359,000. The current average home price in this zip code is $374,500.

One reason for these high home values is that there are relatively few homes available for sale in this zip code. As of May 2018 there were only 153 active listings compared to 1,715 total listings across all Ohio zip codes. This shortage has resulted in bidding wars and high prices for properties that do come on the market.

Another factor contributing to high home values in this area is Old Fort's proximity to Cleveland (just 22 miles away). Many people who live here commute into Cleveland for work or school which has put a premium on housing near major urban areas.