University Heights, OH—44118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — University Heights, OH
As of Oct '25, the median home price in University Heights, OH is $237,000, with a year-over-year change of 3.9%. This indicates that home prices in University Heights, OH are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $237,000 | 3.9% |
| Single Family | $242,000 | 3.4% |
| Condos | $82,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $63,000 | -1.6% |
2 Bed | $144,000 | 3.6% |
3 Bed | $217,000 | 4.3% |
4 Bed | $274,000 | 3.0% |
| 5 Bed | $352,000 | 1.7% |
% of Housing Stock
Rental Trends — University Heights, OH
As of July '25, Rentcast reports the average rent in University Heights, OH is $1,590, with a year-over-year rent change of 5.3%. Per bedroom, the median rent as of July '25 in University Heights, OH is studios: $740, 1-bedrooms: $935, 2-bedrooms: $1,380, 3-bedrooms: $1,750, 4-bedrooms: $2,170. The most common rental property sizes in University Heights, OH are 2-bedroom and 1-bedroom, accounting for 29.6% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,590 |
| Studio Rent | $740 | $740 |
| 1 Bed Rent | $895 | $935 |
| 2 Bed Rent | $1,380 | $1,380 |
| 3 Bed Rent | $1,700 | $1,750 |
| 4 Bed Rent | $2,190 | $2,170 |
% of Rental Stock
Property Listings — University Heights, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in University Heights, OH is 40. This is a increase of 13.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $266,000 | -5.0% |
Listing Count | 171 | 11.0% |
| Listings as % of Homes | 0.7% | 11.0% |
Days on Market | 40 | 13.0% |
Demographics — University Heights, OH
As of the latest ACS Survey released in 2023, University Heights, OH has a population of 40,400, which has increased by 4.0% over the past 5 years. University Heights, OH is a moderately popular place for families, as children make up 24.0% of the population. The area has a highly educated workforce, with 61.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,400 | 4.0% |
% Under 18 | 24.0% | 8.6% |
% Seniors | 15.6% | 7.6% |
% WFH | 20.7% | 283.3% |
% w/ College Degree | 61.2% | 14.2% |
As of the latest ACS Survey released in 2023, University Heights, OH is a predominantly white area, with 57.1% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in University Heights, OH is black, making up 33.6% of the population. Foreign-born residents account for 5.8% of the population in University Heights, OH, and this percentage has decreased by 20.5% 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 | 57.1% | -0.3% |
% Black | 33.6% | -4.5% |
% Hispanic | 2.1% | -8.7% |
% Asian | 3.1% | 24.0% |
% Foreign Born | 5.8% | -20.5% |
Mortgage and Risk — University Heights, OH
According to HUD data as of 2023, there were 717 mortgage originations in University Heights, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in University Heights, OH. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 717 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — University Heights, OH
As of 2024, the percent of homes in University Heights, OH under the Section 8 program is 12.4%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in University Heights, OH, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 849 |
Total Units Section 8 | 835 |
% Rentals under Section 8 | 12.4% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $235 | $895 | $1,130 |
| 2 Bedroom | -$10 | $1,380 | $1,370 |
| 3 Bedroom | $60 | $1,700 | $1,760 |
| 4 Bedroom | -$300 | $2,190 | $1,890 |
Affordability — University Heights, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $237,000 |
| Median Household Income | $76,300 |