Rocky River, OH44116

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$385,000
5.9% YoY Growth
Median Household Income
$93,500
33.4% 5-Year Growth
Days on Market
33
21.0% Shorter than last year
Home Price Forecast
2.2%
Median Rent
$1,450
7.7% YoY Growth
1-Bed Rent
$1,000
16.4% YoY Growth
2-Bed Rent
$1,420
18.3% YoY Growth
3-Bed Rent
$2,450
37.3% YoY Growth

Property Listings — Rocky River, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Rocky River, OH is 33. This is a decrease of -21.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$434,000-9.0%
Listing Count
82-3.0%
Listings as % of Homes0.6%-3.0%
Days on Market
33-21.0%
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Demographics — Rocky River, OH

As of the latest ACS Survey released in 2023, Rocky River, OH has a population of 21,500, which has increased by 5.8% over the past 5 years. Rocky River, OH is a moderately popular place for families, as children make up 21.6% of the population. The area has a highly educated workforce, with 63.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
21,5005.8%
% Under 18
21.6%3.8%
% Seniors
24.1%1.7%
% WFH
18.1%174.2%
% w/ College Degree
63.9%9.4%
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As of the latest ACS Survey released in 2023, Rocky River, OH is a predominantly white area, with 91.0% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Rocky River, OH is asian, making up 2.3% of the population. Foreign-born residents account for 9.6% of the population in Rocky River, OH, and this percentage has increased by 60.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.0%-2.3%
% Black
2.0%66.7%
% Hispanic
2.2%10.0%
% Asian
2.3%155.6%
% Foreign Born
9.6%60.0%
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Mortgage and Risk — Rocky River, OH

According to HUD data as of 2023, there were 467 mortgage originations in Rocky River, OH, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Rocky River, OH. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
467
% Conventional Loans
96.0%
% Government Loans
4.0%
% Investor Loans
3.0%
% Second Loans
1.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Rocky River, OH

As of 2024, the percent of homes in Rocky River, OH under the Section 8 program is 4.5%. 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 Rocky River, 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
122
Total Units Section 8
122
% Rentals under Section 8
4.5%
% Occupied Section 8
95.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$70$1,000$1,070
2 Bedroom-$120$1,420$1,300
3 Bedroom-$780$2,450$1,670
4 Bedroom-$1,010$2,800$1,790

Affordability — Rocky River, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$385,000
Median Household Income$93,500

Rocky River, OH — ZIP Code Boundary Map

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Frequently Asked Questions