Euclid, OH—44123
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 $137,000, with a year-over-year change of 3.3%. This indicates that home prices in Euclid, OH are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $137,000 | 3.3% |
| Single Family | $142,000 | 3.6% |
| Condos | $57,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $86,000 | 3.6% |
3 Bed | $145,000 | 3.6% |
4 Bed | $163,000 | 3.2% |
| 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 $1,230, with a year-over-year rent change of 19.4%. Per bedroom, the median rent as of July '25 in Euclid, OH is studios: $695, 1-bedrooms: $865, 2-bedrooms: $1,050, 3-bedrooms: $1,390, 4-bedrooms: $1,550. The most common rental property sizes in Euclid, OH are 2-bedroom and 1-bedroom, accounting for 38.0% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,320 | $1,230 |
| Studio Rent | $725 | $695 |
| 1 Bed Rent | $875 | $865 |
| 2 Bed Rent | $1,000 | $1,050 |
| 3 Bed Rent | $1,400 | $1,390 |
| 4 Bed Rent | $1,550 | $1,550 |
% 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 29. This is a decrease of -10.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | 11.0% |
Listing Count | 61 | -5.0% |
| Listings as % of Homes | 0.8% | -5.0% |
Days on Market | 29 | -10.0% |
Demographics — Euclid, OH
As of the latest ACS Survey released in 2023, Euclid, OH has a population of 18,400, which has increased by 11.4% over the past 5 years. Euclid, OH is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,400 | 11.4% |
% Under 18 | 22.7% | 4.6% |
% Seniors | 14.1% | 6.0% |
% WFH | 6.8% | 172.0% |
% w/ College Degree | 23.1% | 8.5% |
As of the latest ACS Survey released in 2023, Euclid, OH is a predominantly black area, with 64.7% of the population identifying as black. The black population has grown by 19.2% in the last 5 years. The second most common race or ethnicity in Euclid, OH is white, making up 28.2% of the population. Foreign-born residents account for 2.1% of the population in Euclid, OH, and this percentage has decreased by 27.6% 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 | 28.2% | -31.9% |
% Black | 64.7% | 19.2% |
% Hispanic | 1.0% | -41.2% |
% Asian | 0.6% | 20.0% |
% Foreign Born | 2.1% | -27.6% |
Mortgage and Risk — Euclid, OH
According to HUD data as of 2023, there were 257 mortgage originations in Euclid, OH, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Euclid, OH. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 257 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Euclid, OH
As of 2024, the percent of homes in Euclid, OH under the Section 8 program is 8.8%. 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. In Euclid, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 373 |
Total Units Section 8 | 373 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $125 | $875 | $1,000 |
| 2 Bedroom | $210 | $1,000 | $1,210 |
| 3 Bedroom | $160 | $1,400 | $1,560 |
| 4 Bedroom | $120 | $1,550 | $1,670 |
Affordability — Euclid, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $137,000 |
| Median Household Income | $55,000 |