Rocky River, OH 44116 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Rocky River, OH—44116

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$408,000

6.2% YoY Growth

Household Income

$93,500

33.4% YoY Growth

Days on Market

28.0% Longer YoY

Home Price Forecast

2.0%

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

Home Price Trends — Rocky River, OH

As of May '26, the median home price in Rocky River, OH is $408,000, with a year-over-year change of 6.2%. This indicates that home prices in Rocky River, OH are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$408,000	6.2%
Single Family	$473,000	7.5%
Condos	$158,000	-1.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Rocky River, OH

As of July '25, Rentcast reports the average rent in Rocky River, OH is $1,950, with a year-over-year rent change of 7.7%. Per bedroom, the median rent as of July '25 in Rocky River, OH is 1-bedrooms: $1,170, 2-bedrooms: $1,560, 3-bedrooms: $3,240, 4-bedrooms: $2,900. The most common rental property sizes in Rocky River, OH are 2-bedroom and 1-bedroom, accounting for 41.4% and 41.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,450	$1,950
Studio Rent	N/A	N/A
1 Bed Rent	$1,000	$1,170
2 Bed Rent	$1,420	$1,560
3 Bed Rent	$2,450	$3,240
4 Bed Rent	$2,800	$2,900

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% of Rental Stock

Studio

5.7%

1 Bedroom

41.3%

2 Bedrooms

41.4%

3 Bedrooms

9.8%

4 Bedrooms

1.9%

Property Listings — Rocky River, OH

As of May '26, Realtor.com reports that the median days on market for a home in Rocky River, OH is 68. This is a increase of 28.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$425,000	-10.0%
Listing Count	85	11.0%
Listings as % of Homes	0.6%	11.0%
Days on Market	68	28.0%

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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.

Metric	Latest Census	YoY % Change
Population	21,500	5.8%
% 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

Metric	Latest Census	5-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

Metric	Zip 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%

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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 Size	HUD Premium	Market Rent	Max 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

Rocky River, OH—44116

Key Metrics at a Glance

Home Price Trends — Rocky River, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rocky River, OH

% of Rental Stock

Property Listings — Rocky River, OH

Demographics — Rocky River, OH

Race and Ethnicity

Mortgage and Risk — Rocky River, OH

Mortgages

Rentals and Section 8 — Rocky River, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Rocky River, OH

Home Price to Income Ratio

Rocky River, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Fairview Park, OH

Edgewater, Lakewood, OH

Puritas-Longmead, Cleveland, OH

West Boulevard, Cleveland, OH

Brook Park, Brookpark, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$408,000
Median Household Income	$93,500

Rocky River, OH—44116

Key Metrics at a Glance

Home Price Trends — Rocky River, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rocky River, OH

% of Rental Stock

Property Listings — Rocky River, OH

Demographics — Rocky River, OH

Race and Ethnicity

Mortgage and Risk — Rocky River, OH

Mortgages

Rentals and Section 8 — Rocky River, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Rocky River, OH

Home Price to Income Ratio

Rocky River, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Fairview Park, OH

Edgewater, Lakewood, OH

Puritas-Longmead, Cleveland, OH

West Boulevard, Cleveland, OH

Brook Park, Brookpark, OH

Frequently Asked Questions

What is the average home price in Rocky River, OH 44116?

How have home prices in Rocky River, OH 44116 changed over the past year?

What is the home price projection for Rocky River, OH 44116?

What are the demographics of Rocky River, OH 44116?

How long does it take homes to sell in Rocky River, OH 44116?

What is the average rent price in Rocky River, OH 44116?