North Collinwood, Cleveland, OH—44119
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Collinwood, Cleveland, OH
As of Oct '25, the median home price in North Collinwood, Cleveland, OH is $132,000, with a year-over-year change of 2.5%. This indicates that home prices in North Collinwood, Cleveland, OH are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $132,000 | 2.5% |
| Single Family | $132,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $107,000 | 1.9% |
3 Bed | $136,000 | 2.3% |
4 Bed | $155,000 | 2.0% |
| 5 Bed | $181,000 | 1.7% |
% of Housing Stock
Rental Trends — North Collinwood, Cleveland, OH
As of July '25, Rentcast reports the average rent in North Collinwood, Cleveland, OH is $1,110, with a year-over-year rent change of 12.0%. Per bedroom, the median rent as of July '25 in North Collinwood, Cleveland, OH is 1-bedrooms: $760, 2-bedrooms: $1,010, 3-bedrooms: $1,380, 4-bedrooms: $1,680. The most common rental property sizes in North Collinwood, Cleveland, OH are 2-bedroom and 1-bedroom, accounting for 31.9% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,020 | $1,110 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $760 |
| 2 Bed Rent | $950 | $1,010 |
| 3 Bed Rent | $1,350 | $1,380 |
| 4 Bed Rent | $1,800 | $1,680 |
% of Rental Stock
Property Listings — North Collinwood, Cleveland, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in North Collinwood, Cleveland, OH is 60. 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $164,000 | 15.0% |
Listing Count | 50 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 60 | 13.0% |
Demographics — North Collinwood, Cleveland, OH
As of the latest ACS Survey released in 2023, North Collinwood, Cleveland, OH has a population of 13,500, which has increased by 3.0% over the past 5 years. North Collinwood, Cleveland, OH is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,500 | 3.0% |
% Under 18 | 21.8% | 0.5% |
% Seniors | 17.4% | 11.5% |
% WFH | 9.9% | 266.7% |
% w/ College Degree | 19.2% | -13.5% |
As of the latest ACS Survey released in 2023, North Collinwood, Cleveland, OH is a predominantly black area, with 58.4% of the population identifying as black. The black population has grown by 12.1% in the last 5 years. The second most common race or ethnicity in North Collinwood, Cleveland, OH is white, making up 37.5% of the population. Foreign-born residents account for 2.4% of the population in North Collinwood, Cleveland, OH, and this percentage has decreased by 41.5% 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 | 37.5% | -5.3% |
% Black | 58.4% | 12.1% |
% Hispanic | 2.3% | 187.5% |
% Asian | 0.5% | 400.0% |
% Foreign Born | 2.4% | -41.5% |
Mortgage and Risk — North Collinwood, Cleveland, OH
According to HUD data as of 2023, there were 240 mortgage originations in North Collinwood, Cleveland, OH, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in North Collinwood, Cleveland, OH. Investor activity is low, as 9.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 240 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — North Collinwood, Cleveland, OH
As of 2024, the percent of homes in North Collinwood, Cleveland, OH under the Section 8 program is 8.6%. 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 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in North Collinwood, Cleveland, OH, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 261 |
Total Units Section 8 | 259 |
% Rentals under Section 8 | 8.6% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $750 | $910 |
| 2 Bedroom | $150 | $950 | $1,100 |
| 3 Bedroom | $60 | $1,350 | $1,410 |
| 4 Bedroom | -$280 | $1,800 | $1,520 |
Affordability — North Collinwood, Cleveland, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $132,000 |
| Median Household Income | $48,300 |