Redfin recently dropped their list of “25 Neighborhoods That Have it All,” and this year, two Cleveland neighborhoods have made the cut. In a ranking dominated by the Chicago metropolitan area, Shaker Heights and University Circle throw spotlight on Cleveland, weighing in at numbers 16 and 20, respectively.
The online real estate database combed through 80 major U.S. housing markets—ranking neighborhoods based on affordability, home-selling speed, highly rated schools, transit, and low crime rates. While there continues to be a shortage of homes for sale, home prices in the most sought-after markets have skyrocketed. This dilemma has created a surge in movement from pricey, coastal cities to more affordable destinations, putting Shaker Heights and University Circle on the map.
Redfin predicts that this trend will continue throughout 2018, affording all newcomers the chance to see that Cleveland neighborhoods really do have it all.