Euclid, OH—44117
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Euclid, OH
As of Oct '25, the median home price in Euclid, OH is $161,000, with a year-over-year change of 4.9%. This indicates that home prices in Euclid, 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 | $161,000 | 4.9% |
| Single Family | $161,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $107,000 | 3.9% |
3 Bed | $166,000 | 4.4% |
4 Bed | $185,000 | 3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Euclid, OH
As of July '25, Rentcast reports the average rent in Euclid, OH is $1,320, with a year-over-year rent change of 25.7%. Per bedroom, the median rent as of July '25 in Euclid, OH is studios: $670, 1-bedrooms: $899, 2-bedrooms: $1,050, 3-bedrooms: $1,520, 4-bedrooms: $1,620. The most common rental property sizes in Euclid, OH are 1-bedroom and 2-bedroom, accounting for 43.4% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,320 |
| Studio Rent | $670 | $670 |
| 1 Bed Rent | $899 | $899 |
| 2 Bed Rent | $1,050 | $1,050 |
| 3 Bed Rent | $1,500 | $1,520 |
| 4 Bed Rent | $1,700 | $1,620 |
% of Rental Stock
Property Listings — Euclid, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Euclid, OH is 51. This is a increase of 32.0% 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 | $152,000 | 4.0% |
Listing Count | 34 | 27.0% |
| Listings as % of Homes | 0.5% | 27.0% |
Days on Market | 51 | 32.0% |
Demographics — Euclid, OH
As of the latest ACS Survey released in 2023, Euclid, OH has a population of 9,350, which has decreased by -2.7% over the past 5 years. Euclid, OH is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,350 | -2.7% |
% Under 18 | 19.2% | 22.3% |
% Seniors | 22.5% | -3.4% |
% WFH | 7.4% | 221.7% |
% w/ College Degree | 19.8% | -4.3% |
As of the latest ACS Survey released in 2023, Euclid, OH is a predominantly black area, with 71.2% of the population identifying as black. The black population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Euclid, OH is white, making up 22.4% of the population. Foreign-born residents account for 1.9% of the population in Euclid, OH, and this percentage has decreased by 52.5% 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 | 22.4% | -4.3% |
% Black | 71.2% | -1.5% |
% Hispanic | 2.5% | 150.0% |
% Asian | 0.2% | -66.7% |
% Foreign Born | 1.9% | -52.5% |
Mortgage and Risk — Euclid, OH
According to HUD data as of 2023, there were 133 mortgage originations in Euclid, OH, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Euclid, OH. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 133 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Euclid, OH
As of 2024, the percent of homes in Euclid, OH under the Section 8 program is 32.5%. 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 Euclid, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 803 |
Total Units Section 8 | 803 |
% Rentals under Section 8 | 32.5% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$69 | $899 | $830 |
| 2 Bedroom | -$50 | $1,050 | $1,000 |
| 3 Bedroom | -$200 | $1,500 | $1,300 |
| 4 Bedroom | -$320 | $1,700 | $1,380 |
Affordability — Euclid, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $161,000 |
| Median Household Income | $41,800 |