HousingHandbookReference data

U.S. ZIP Code · OH44138

Cuyahoga County · Cleveland, OH

Typical home value

$301,323[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.9%
5-year / yr
+6.5%
10-year / yr
+6.4%

Relative price

vs U.S.
+6.1%
vs metro
+18.9%
vs state
+37.8%
ZIP 44138 location in OH
Location of ZIP 44138 in OH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 44138 is worth $301,323 — 18.9% above the Cleveland, OH median. Over the past year, values have risen 3.9%. The effective property tax rate is 2.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.1%[3]
Typical annual tax
$6,185[3]

#Climate risk

FEMA National Risk Index ratings for Cuyahoga County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Very Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively High
Hurricane
Relatively Low
Tornado
Very High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
23,162[3]
Median household income
$96,603[3]

#Migration

Household moves in and out of Cuyahoga County over a year, from IRS tax-return data.

Net migration
-3,403[5]
Moved in
21,862
Moved out
25,265

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
3
Middle
1
High
1
  • Olmsted Falls High School

    High · Grades 9–12 · Olmsted Falls City

    1,218 students

  • Olmsted Falls Middle School

    Middle · Grades 6–8 · Olmsted Falls City

    794 students

  • Falls-Lenox Primary Elementary School

    Elementary · Grades 1–3 · Olmsted Falls City

    730 students

  • Olmsted Falls Intermediate Building

    Elementary · Grades 4–5 · Olmsted Falls City

    484 students

  • Olmsted Falls Early Childhood Center

    Elementary · Grades PK–K · Olmsted Falls City

    290 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,524
Loan principal$241,059
Down payment$60,265
Total interest paid$307,457

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,290
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
68th percentile[1]
Rental yield
[2]
Property tax
90th percentile[3]

Frequently asked

How much is a home worth in ZIP code 44138?
The typical home in 44138 is worth $301,323, based on the Zillow Home Value Index.
Are home values rising in 44138?
Home values in 44138 are up 3.9% over the past year, and up 6.5% a year over five years.
What is the property tax rate in 44138?
The effective property tax rate in 44138 is 2.1% — roughly $6,185 a year on a typical home.
Who lives in 44138?
ZIP code 44138 has a population of 23,162 and a median household income of $96,603.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • LaGrange, OH

    Typical home
    $298,967
    Gross yield
  • OH

    Typical home
    $305,907
    Gross yield
  • OH

    Typical home
    $295,675
    Gross yield
  • Highland Heights, OH

    Typical home
    $307,240
    Gross yield
  • OH

    Typical home
    $307,429
    Gross yield
  • Cleveland, OH

    Typical home
    $307,637
    Gross yield
    6.6%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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