East Cleveland, OH—44112
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Cleveland, OH
As of Oct '25, the median home price in East Cleveland, OH is $74,000, with a year-over-year change of 0.3%. This indicates that home prices in East Cleveland, OH are flat. 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 | $74,000 | 0.3% |
| Single Family | $75,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $67,000 | -1.5% |
3 Bed | $72,000 | -1.4% |
4 Bed | $79,000 | -4.8% |
| 5 Bed | $81,000 | -8.0% |
% of Housing Stock
Rental Trends — East Cleveland, OH
As of July '25, Rentcast reports the average rent in East Cleveland, OH is $1,070, with a year-over-year rent change of 10.3%. Per bedroom, the median rent as of July '25 in East Cleveland, OH is 1-bedrooms: $748, 2-bedrooms: $989, 3-bedrooms: $1,420, 4-bedrooms: $1,570. The most common rental property sizes in East Cleveland, OH are 2-bedroom and 1-bedroom, accounting for 35.7% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $972 | $1,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $725 | $748 |
| 2 Bed Rent | $972 | $989 |
| 3 Bed Rent | $1,250 | $1,420 |
| 4 Bed Rent | $1,600 | $1,570 |
% of Rental Stock
Property Listings — East Cleveland, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in East Cleveland, 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $118,000 | 20.0% |
Listing Count | 75 | 38.0% |
| Listings as % of Homes | 0.5% | 38.0% |
Days on Market | 52 | 24.0% |
Demographics — East Cleveland, OH
As of the latest ACS Survey released in 2023, East Cleveland, OH has a population of 18,500, which has decreased by -15.6% over the past 5 years. East Cleveland, OH is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,500 | -15.6% |
% Under 18 | 23.8% | 10.2% |
% Seniors | 22.7% | 8.6% |
% WFH | 5.1% | 41.7% |
% w/ College Degree | 16.9% | 18.2% |
As of the latest ACS Survey released in 2023, East Cleveland, OH is a predominantly black area, with 89.0% of the population identifying as black. The black population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in East Cleveland, OH is white, making up 7.0% of the population. Foreign-born residents account for 3.7% of the population in East Cleveland, OH, and this percentage has increased by 76.2% 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 | 7.0% | 16.7% |
% Black | 89.0% | -1.4% |
% Hispanic | 1.2% | 100.0% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 3.7% | 76.2% |
Mortgage and Risk — East Cleveland, OH
According to HUD data as of 2023, there were 92 mortgage originations in East Cleveland, OH, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in East Cleveland, OH. Investor activity is high, as 22.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 92 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 22.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — East Cleveland, OH
As of 2024, the percent of homes in East Cleveland, OH under the Section 8 program is 40.4%. 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 East Cleveland, OH, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,272 |
Total Units Section 8 | 2,049 |
% Rentals under Section 8 | 40.4% |
% Occupied Section 8 | 84.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $105 | $725 | $830 |
| 2 Bedroom | $38 | $972 | $1,010 |
| 3 Bedroom | $50 | $1,250 | $1,300 |
| 4 Bedroom | -$210 | $1,600 | $1,390 |
Affordability — East Cleveland, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $74,000 |
| Median Household Income | $29,000 |