Glenville, Cleveland, OH—44108
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glenville, Cleveland, OH
As of Oct '25, the median home price in Glenville, Cleveland, OH is $68,000, with a year-over-year change of -1.7%. This indicates that home prices in Glenville, Cleveland, OH are decreasing. According to Zillow, the 1-year price projection is 0.5%, 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 | -1.7% |
| Single Family | $65,000 | -3.0% |
| Condos | $276,000 | 6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $141,000 | 2.2% |
3 Bed | $61,000 | -3.2% |
4 Bed | $69,000 | -4.2% |
| 5 Bed | $80,000 | -1.2% |
% of Housing Stock
Rental Trends — Glenville, Cleveland, OH
As of July '25, Rentcast reports the average rent in Glenville, Cleveland, OH is $1,170, with a year-over-year rent change of 9.3%. Per bedroom, the median rent as of July '25 in Glenville, Cleveland, OH is 1-bedrooms: $728, 2-bedrooms: $1,060, 3-bedrooms: $1,290, 4-bedrooms: $1,410. The most common rental property sizes in Glenville, Cleveland, OH are 2-bedroom and 3-bedroom, accounting for 39.9% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $728 |
| 2 Bed Rent | $925 | $1,060 |
| 3 Bed Rent | $1,280 | $1,290 |
| 4 Bed Rent | $1,450 | $1,410 |
% of Rental Stock
Property Listings — Glenville, Cleveland, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Glenville, Cleveland, OH is 42. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $105,000 | 28.0% |
Listing Count | 97 | 17.0% |
| Listings as % of Homes | 0.7% | 17.0% |
Days on Market | 42 | -2.0% |
Demographics — Glenville, Cleveland, OH
As of the latest ACS Survey released in 2023, Glenville, Cleveland, OH has a population of 20,600, which has decreased by -6.2% over the past 5 years. Glenville, Cleveland, OH is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,600 | -6.2% |
% Under 18 | 26.5% | 8.6% |
% Seniors | 19.0% | 6.1% |
% WFH | 8.2% | 82.2% |
% w/ College Degree | 16.4% | 20.6% |
As of the latest ACS Survey released in 2023, Glenville, Cleveland, OH is a predominantly black area, with 88.5% of the population identifying as black. The black population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Glenville, Cleveland, OH is white, making up 6.4% of the population. Foreign-born residents account for 1.0% of the population in Glenville, Cleveland, OH, and this percentage has increased by 11.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 6.4% | 4.9% |
% Black | 88.5% | -2.1% |
% Hispanic | 1.3% | 85.7% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 1.0% | 11.1% |
Mortgage and Risk — Glenville, Cleveland, OH
According to HUD data as of 2023, there were 129 mortgage originations in Glenville, Cleveland, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Glenville, Cleveland, OH. Investor activity is high, as 19.0% 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 | 129 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 19.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Glenville, Cleveland, OH
As of 2024, the percent of homes in Glenville, Cleveland, OH under the Section 8 program is 23.1%. 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 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Glenville, Cleveland, OH, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,126 |
Total Units Section 8 | 1,100 |
% Rentals under Section 8 | 23.1% |
% Occupied Section 8 | 83.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $700 | $830 |
| 2 Bedroom | $75 | $925 | $1,000 |
| 3 Bedroom | $20 | $1,280 | $1,300 |
| 4 Bedroom | -$70 | $1,450 | $1,380 |
Affordability — Glenville, Cleveland, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $68,000 |
| Median Household Income | $32,500 |