Hough, Cleveland, OH—44103
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hough, Cleveland, OH
As of Oct '25, the median home price in Hough, Cleveland, OH is $68,000, with a year-over-year change of -6.7%. This indicates that home prices in Hough, Cleveland, OH are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $68,000 | -6.7% |
| Single Family | $68,000 | -10.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $54,000 | -10.0% |
3 Bed | $68,000 | -10.5% |
4 Bed | $66,000 | -9.6% |
| 5 Bed | $76,000 | -8.4% |
% of Housing Stock
Rental Trends — Hough, Cleveland, OH
As of July '25, Rentcast reports the average rent in Hough, Cleveland, OH is $1,280, with a year-over-year rent change of 14.3%. Per bedroom, the median rent as of July '25 in Hough, Cleveland, OH is 1-bedrooms: $825, 2-bedrooms: $1,140, 3-bedrooms: $1,310, 4-bedrooms: $1,680. The most common rental property sizes in Hough, Cleveland, OH are 2-bedroom and 1-bedroom, accounting for 32.5% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $799 | $825 |
| 2 Bed Rent | $1,000 | $1,140 |
| 3 Bed Rent | $1,200 | $1,310 |
| 4 Bed Rent | $1,500 | $1,680 |
% of Rental Stock
Property Listings — Hough, Cleveland, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Hough, Cleveland, OH is 54. This is a increase of 69.0% 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 | $131,000 | 50.0% |
Listing Count | 26 | -3.0% |
| Listings as % of Homes | 0.3% | -3.0% |
Days on Market | 54 | 69.0% |
Demographics — Hough, Cleveland, OH
As of the latest ACS Survey released in 2023, Hough, Cleveland, OH has a population of 13,800, which has decreased by -16.6% over the past 5 years. Hough, Cleveland, OH is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 11.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,800 | -16.6% |
% Under 18 | 19.2% | -15.0% |
% Seniors | 18.9% | 17.4% |
% WFH | 4.7% | 11.9% |
% w/ College Degree | 11.7% | 20.6% |
As of the latest ACS Survey released in 2023, Hough, Cleveland, OH is a predominantly black area, with 73.1% of the population identifying as black. The black population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Hough, Cleveland, OH is white, making up 13.3% of the population. Foreign-born residents account for 4.8% of the population in Hough, Cleveland, OH, and this percentage has decreased by 5.9% 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 | 13.3% | -5.0% |
% Black | 73.1% | -5.6% |
% Hispanic | 5.0% | 2.0% |
% Asian | 2.3% | -25.8% |
% Foreign Born | 4.8% | -5.9% |
Mortgage and Risk — Hough, Cleveland, OH
According to HUD data as of 2023, there were 52 mortgage originations in Hough, Cleveland, OH, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Hough, Cleveland, OH. Investor activity is high, as 23.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 23.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hough, Cleveland, OH
As of 2024, the percent of homes in Hough, Cleveland, OH under the Section 8 program is 20.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hough, Cleveland, OH, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,698 |
Total Units Section 8 | 1,241 |
% Rentals under Section 8 | 20.5% |
% Occupied Section 8 | 89.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $31 | $799 | $830 |
| 2 Bedroom | $0 | $1,000 | $1,000 |
| 3 Bedroom | $100 | $1,200 | $1,300 |
| 4 Bedroom | -$120 | $1,500 | $1,380 |
Affordability — Hough, Cleveland, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $68,000 |
| Median Household Income | $24,200 |