Median home value in zip code 44040 (Gates Mills, OH) is $684,437, up 5.7% year over year. Part of the Cleveland-Elyria, OH metropolitan area.

Home Value$684,437

YoY Change

+5.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 44040 (Gates Mills).

Income (annual)

Down Payment

$136,887 on $684,437

Example: $75,000 household income. Change it above to see your own.

Out of reach74.6% of income

Need $199,800/yr to afford.

PITI$4,662

P/I74.6%

Afford$257K

Gap-$428K

P&I $3,461Tax $1,101Ins $100

6.50% 30yr, 20% down, county tax + OH ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

44040 is part of the Cleveland-Elyria, OH metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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