Much like nearby areas, it is similar compared to the entire country. However it is substantially more expensive compared to the city of Cleveland.
Home prices
The value of the median home in Macedonia is $223,400. This is approximately $2,880 (1%) higher in comparison to its surrounding areas.Compared to the rest of the country it is approximately $5,900 (2%) higher, and it is about $153,800 (220%) higher compared to the city of Cleveland.
Rents
Macedonia's median rent is $979 per month. Compared to nearby areas this is roughly $193 (24%) higher.In comparison to the rest of the country it is about $83 (7%) lower, and it is approximately $260 (36%) higher in comparison to the city of Cleveland.
Nearby places
Northfield
Northfield is Macedonia's neighbor to the northwest. Housing prices there are significantly less expensive. The median home price in Northfield is $143,700, which works out to $79,700 (55%) lower than Macedonia. The rent there is significantly less expensive. Northfield's median monthly rent is $691, which works out to $288 (41%) lower than Macedonia.
Twinsburg
Twinsburg is Macedonia's neighbor to the east. Its housing prices are fairly similar. Twinsburg's median home price is $218,200, which is $5,200 (2%) lower than Macedonia. Rent there is a bit more expensive. The median monthly rent in Twinsburg is $1,098, which works out to $119 (10%) higher than Macedonia.
Glenwillow
Glenwillow is Macedonia's neighbor to the north. The housing prices there are pretty similar. Glenwillow's median home price is $229,800, which is $6,400 (2%) higher than Macedonia. Rents there are a lot less expensive. Glenwillow's median monthly rent is $716, which works out to $263 (36%) lower than Macedonia.
Boston Heights
Boston Heights is Macedonia's neighbor to the south. The real estate prices there are a lot more expensive. The median home value in Boston Heights is $397,500, which is $174,100 (43%) higher than Macedonia. Rent there is pretty similar. The median monthly rent in Boston Heights is $934, which works out to $45 (4%) lower than Macedonia.
Twinsburg Heights
Twinsburg Heights is roughly 1 mile east of Macedonia. Its real estate prices are significantly less expensive. Twinsburg Heights's median home value is $113,400, which works out to $110,000 (97%) lower than Macedonia. The rent there is a lot less expensive. In Twinsburg Heights the median rent is $491 per month, which comes out to $488 (99%) lower than Macedonia.
