Fairview Park, OH44126

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$272,000
4.9% YoY Growth
Median Household Income
$77,900
34.4% 5-Year Growth
Days on Market
37
11.0% Shorter than last year
Home Price Forecast
2.0%
Median Rent
$1,200
19.8% YoY Growth
1-Bed Rent
$999
13.1% YoY Growth
2-Bed Rent
$1,200
2.2% YoY Growth
3-Bed Rent
$1,500
3.7% YoY Growth

Property Listings — Fairview Park, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Fairview Park, OH is 37. This is a decrease of -11.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$307,0004.0%
Listing Count
5459.0%
Listings as % of Homes0.3%59.0%
Days on Market
37-11.0%
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Demographics — Fairview Park, OH

As of the latest ACS Survey released in 2023, Fairview Park, OH has a population of 17,000, which has increased by 3.9% over the past 5 years. Fairview Park, OH is a moderately popular place for families, as children make up 20.3% of the population. The area has a highly educated workforce, with 46.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
17,0003.9%
% Under 18
20.3%5.7%
% Seniors
19.2%-0.5%
% WFH
15.7%282.9%
% w/ College Degree
46.6%10.4%
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As of the latest ACS Survey released in 2023, Fairview Park, OH is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Fairview Park, OH is hispanic, making up 4.3% of the population. Foreign-born residents account for 4.0% of the population in Fairview Park, OH, and this percentage has decreased by 48.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.3%-4.4%
% Black
2.8%40.0%
% Hispanic
4.3%-15.7%
% Asian
2.2%29.4%
% Foreign Born
4.0%-48.7%
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Mortgage and Risk — Fairview Park, OH

According to HUD data as of 2023, there were 371 mortgage originations in Fairview Park, OH, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Fairview Park, OH. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
371
% Conventional Loans
93.0%
% Government Loans
7.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Fairview Park, OH

As of 2024, the percent of homes in Fairview Park, OH under the Section 8 program is 4.1%. 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 Fairview Park, 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
94
Total Units Section 8
94
% Rentals under Section 8
4.1%
% Occupied Section 8
93.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$39$999$960
2 Bedroom-$40$1,200$1,160
3 Bedroom-$10$1,500$1,490
4 Bedroom-$820$2,420$1,600

Affordability — Fairview Park, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$272,000
Median Household Income$77,900

Fairview Park, OH — ZIP Code Boundary Map

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Frequently Asked Questions