Why Cleveland’s Lifestyle Attracts Midwest Buyers

The busy and historical city of Cleveland has long thrived as one of the Midwest’s industrial centers. Let’s explore some characteristics of Cleveland’s lifestyle that attract a multitude of urban homebuyers in the Midwest.

While exorbitant costs of living in many of the nation’s big cities price the average person out of the market, this unfortunate reality is certainly not the case in Cleveland. It presents a vast array of real estate options at prices much more affordable than those in many major American cities. According to Realtor.com, the median listing home price in Cleveland was $120,000 in October 2023. This is less than one-third of the national average cost for a home in the United States.

While relatively low real estate prices might suggest a limited economy, Cleveland proves otherwise. Cleveland is a major economic center in Ohio, boasting a varied economic landscape and an array of opportunities for people of all backgrounds. For starters, as home to the world-renowned Cleveland Clinic, its healthcare sector is one of the strongest in the nation. Also, the Greater Cleveland area hosts the headquarters of several Fortune 500 companies, including Sherwin-Williams and Progressive Insurance.

Nationally recognized for its captivating museums, diverse food scene, and endless entertainment options, Cleveland offers a dynamic and eclectic place to call home. Cleveland’s famous museums include the Cleveland Museum of Natural History, the Rock & Roll Hall of Fame, and the Cleveland Museum of Art. 

Cleveland is home to several professional sports franchises, including the Guardians, Browns, and Cavaliers. Also, it features an excellent live music scene and played an instrumental role in the history and development of rock and roll music. 

In the winter, Cleveland hosts a multitude of festive events to enjoy. Both the Downtown Cleveland Christmas Walking Tour and the Cleveland Orchestra Holiday Concerts last through December 23rd.

While Cleveland’s high-rise buildings exude a quintessential urban atmosphere, it also encompasses plenty of green spaces and nature-oriented locations in and around the city to explore. Rockefeller Park is a massive and historic 200-acre urban park with impressive gardens, beautifully designed landscapes, and scenic paths. And many nature reserves in the Cleveland area offer visitors hundreds of miles of trails.

Cleveland’s waterfront is a significant attraction for outdoor enthusiasts. In the summer, enjoying activities such as boating and fishing on Lake Erie or swimming and sunbathing on one of its several beaches are thrilling ways to spend a hot day in the city. Also, numerous lakefront parks, including Edgewater Park and Voinovich Bicentennial Park, provide residents with gorgeous places to wander and explore. 

Want to settle down in Ohio? Check out three modern homes that are currently for sale in the state.