Collinwood, Cleveland, OH—44110
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Collinwood, Cleveland, OH
As of Oct '25, the median home price in Collinwood, Cleveland, OH is $78,000, with a year-over-year change of -1.8%. This indicates that home prices in Collinwood, Cleveland, OH are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $78,000 | -1.9% |
| Single Family | $78,000 | -3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $68,000 | 0.0% |
3 Bed | $77,000 | -3.7% |
4 Bed | $90,000 | -4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Collinwood, Cleveland, OH
As of July '25, Rentcast reports the average rent in Collinwood, Cleveland, OH is $1,050, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Collinwood, Cleveland, OH is 1-bedrooms: $765, 2-bedrooms: $944, 3-bedrooms: $1,230, 4-bedrooms: $1,340. The most common rental property sizes in Collinwood, Cleveland, OH are 2-bedroom and 1-bedroom, accounting for 37.5% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $765 |
| 2 Bed Rent | $900 | $944 |
| 3 Bed Rent | $1,250 | $1,230 |
| 4 Bed Rent | $1,250 | $1,340 |
% of Rental Stock
Property Listings — Collinwood, Cleveland, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Collinwood, Cleveland, OH is 47. This is a increase of 11.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $100,000 | 23.0% |
Listing Count | 55 | 30.0% |
| Listings as % of Homes | 0.5% | 30.0% |
Days on Market | 47 | 11.0% |
Demographics — Collinwood, Cleveland, OH
As of the latest ACS Survey released in 2023, Collinwood, Cleveland, OH has a population of 18,000, which has decreased by -5.9% over the past 5 years. Collinwood, Cleveland, OH is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,000 | -5.9% |
% Under 18 | 25.1% | 15.1% |
% Seniors | 18.8% | 22.9% |
% WFH | 7.7% | 285.0% |
% w/ College Degree | 13.1% | 29.7% |
As of the latest ACS Survey released in 2023, Collinwood, Cleveland, OH is a predominantly black area, with 75.1% of the population identifying as black. The black population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Collinwood, Cleveland, OH is white, making up 14.7% of the population. Foreign-born residents account for 1.5% of the population in Collinwood, Cleveland, OH, and this percentage has decreased by 25.0% 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 | 14.7% | 2.8% |
% Black | 75.1% | -8.7% |
% Hispanic | 1.7% | 70.0% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 1.5% | -25.0% |
Mortgage and Risk — Collinwood, Cleveland, OH
According to HUD data as of 2023, there were 119 mortgage originations in Collinwood, Cleveland, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Collinwood, Cleveland, OH. Investor activity is high, as 28.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 119 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 28.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Collinwood, Cleveland, OH
As of 2024, the percent of homes in Collinwood, Cleveland, OH under the Section 8 program is 32.8%. 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. In Collinwood, Cleveland, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,981 |
Total Units Section 8 | 1,925 |
% Rentals under Section 8 | 32.8% |
% Occupied Section 8 | 84.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $800 | $840 |
| 2 Bedroom | $120 | $900 | $1,020 |
| 3 Bedroom | $60 | $1,250 | $1,310 |
| 4 Bedroom | $160 | $1,250 | $1,410 |
Affordability — Collinwood, Cleveland, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $78,000 |
| Median Household Income | $31,000 |