Home prices
The median home price in Timberlake is $161,000. This is about $30,420 (23%) higher compared to its nearby areas.Compared to the entire country it is about $56,500 (25%) lower, and is roughly $91,400 (131%) higher compared to the city of Cleveland.
Rents
The median rent in Timberlake is $981 a month. Compared to nearby areas it is approximately $54 (5%) higher.In comparison to the rest of the nation it is approximately $81 (7%) lower, and it is approximately $262 (36%) higher compared to the city of Cleveland.
Nearby places
Lakeline
Lakeline is Timberlake's neighbor to the southwest. Its real estate prices are a little less expensive. The value of the median home in Lakeline is $126,600, which comes out to $34,400 (27%) lower than Timberlake. Rent there is fairly similar. Lakeline's median rent is $938 a month, which works out to $43 (4%) lower than Timberlake.
Eastlake
Eastlake is Timberlake's neighbor to the southeast. Its housing prices are a bit less expensive. The median home in Eastlake is valued at $133,000, which is $28,000 (21%) lower than Timberlake. Rents there are a little less expensive. Eastlake's median monthly rent is $869, which is $112 (12%) lower than Timberlake.
Willoughby
Willoughby is about 1 mile southeast from Timberlake. Housing prices there are a little less expensive. The value of the median home in Willoughby is $152,700, which comes out to $8,300 (5%) lower than Timberlake. Rent there is pretty similar. In Willoughby the median rent is $940 per month, which comes out to $41 (4%) lower than Timberlake.
Willowick
Willowick is roughly 2 miles southwest from Timberlake. Its housing prices are a lot less expensive. The median home in Willowick costs $119,100, which works out to $41,900 (35%) lower than Timberlake. Rents there are a little less expensive. The median monthly rent in Willowick is $860, which is $121 (14%) lower than Timberlake.
Wickliffe
Wickliffe is approximately 4 miles south of Timberlake. The real estate prices there are significantly less expensive. The median home in Wickliffe is valued at $121,500, which is $39,500 (32%) lower than Timberlake. Rent there is pretty similar. Wickliffe's median monthly rent is $1,029, which comes out to $48 (4%) higher than Timberlake.