Avon Lake, OH 44012 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Avon Lake, OH—44012

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$416,000

6.3% YoY Growth

Household Income

$110,000

25.9% YoY Growth

Days on Market

7.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

$2,140

14.3% YoY Growth

1-Bed Rent

$1,350

7.5% YoY Growth

2-Bed Rent

$1,800

6.0% YoY Growth

3-Bed Rent

$2,400

16.6% YoY Growth

Home Price Trends — Avon Lake, OH

As of Dec '25, the median home price in Avon Lake, OH is $416,000, with a year-over-year change of 6.3%. This indicates that home prices in Avon Lake, OH are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$416,000	6.3%
Single Family	$442,000	6.8%
Condos	$321,000	4.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Avon Lake, OH

As of July '25, Rentcast reports the average rent in Avon Lake, OH is $2,400, with a year-over-year rent change of 14.3%. Per bedroom, the median rent as of July '25 in Avon Lake, OH is 1-bedrooms: $1,350, 2-bedrooms: $1,880, 3-bedrooms: $2,390, 4-bedrooms: $3,210. The most common rental property sizes in Avon Lake, OH are 2-bedroom and 1-bedroom, accounting for 49.1% and 26.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,140	$2,400
Studio Rent	N/A	N/A
1 Bed Rent	$1,350	$1,350
2 Bed Rent	$1,800	$1,880
3 Bed Rent	$2,400	$2,390
4 Bed Rent	$3,500	$3,210

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% of Rental Stock

1 Bedroom

26.8%

2 Bedrooms

49.1%

3 Bedrooms

19.6%

4 Bedrooms

1.9%

5+ Bedrooms

2.6%

Property Listings — Avon Lake, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Avon Lake, OH is 52. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$477,000	-12.0%
Listing Count	58	9.0%
Listings as % of Homes	0.5%	9.0%
Days on Market	64	7.0%

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Demographics — Avon Lake, OH

As of the latest ACS Survey released in 2023, Avon Lake, OH has a population of 25,500, which has increased by 7.1% over the past 5 years. Avon Lake, OH is a moderately popular place for families, as children make up 24.7% of the population. The area has a highly educated workforce, with 54.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	25,500	7.1%
% Under 18	24.7%	-2.4%
% Seniors	20.1%	3.6%
% WFH	17.6%	137.8%
% w/ College Degree	54.3%	7.7%

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As of the latest ACS Survey released in 2023, Avon Lake, OH is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Avon Lake, OH is hispanic, making up 3.2% of the population. Foreign-born residents account for 3.7% of the population in Avon Lake, OH, and this percentage has decreased by 7.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	90.8%	-3.7%
% Black	1.0%	100.0%
% Hispanic	3.2%	23.1%
% Asian	2.3%	109.1%
% Foreign Born	3.7%	-7.5%

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Mortgage and Risk — Avon Lake, OH

According to HUD data as of 2023, there were 643 mortgage originations in Avon Lake, OH, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Avon Lake, OH. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	643
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Avon Lake, OH

As of 2024, the percent of homes in Avon Lake, OH under the Section 8 program is 8.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Avon Lake, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	175
Total Units Section 8	154
% Rentals under Section 8	8.3%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$90	$1,350	$1,440
2 Bedroom	-$50	$1,800	$1,750
3 Bedroom	-$150	$2,400	$2,250
4 Bedroom	-$1,090	$3,500	$2,410

Avon Lake, OH—44012

Key Metrics at a Glance

Home Price Trends — Avon Lake, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Avon Lake, OH

% of Rental Stock

Property Listings — Avon Lake, OH

Demographics — Avon Lake, OH

Race and Ethnicity

Mortgage and Risk — Avon Lake, OH

Mortgages

Rentals and Section 8 — Avon Lake, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Avon Lake, OH

Home Price to Income Ratio

Avon Lake, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Avon, OH

Sheffield, OH

Bay Village, OH

Westlake, OH

North Ridgeville, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$416,000
Median Household Income	$110,000

Avon Lake, OH—44012

Key Metrics at a Glance

Home Price Trends — Avon Lake, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Avon Lake, OH

% of Rental Stock

Property Listings — Avon Lake, OH

Demographics — Avon Lake, OH

Race and Ethnicity

Mortgage and Risk — Avon Lake, OH

Mortgages

Rentals and Section 8 — Avon Lake, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Avon Lake, OH

Home Price to Income Ratio

Avon Lake, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Avon, OH

Sheffield, OH

Bay Village, OH

Westlake, OH

North Ridgeville, OH

Frequently Asked Questions

What is the average home price in Avon Lake, OH 44012?

How have home prices in Avon Lake, OH 44012 changed over the past year?

What is the home price projection for Avon Lake, OH 44012?

What are the demographics of Avon Lake, OH 44012?

How long does it take homes to sell in Avon Lake, OH 44012?

What is the average rent price in Avon Lake, OH 44012?