Euclid, OH—44132
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 $146,000, with a year-over-year change of 3.2%. 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 | $146,000 | 3.2% |
| Single Family | $150,000 | 2.7% |
| Condos | $73,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $102,000 | 3.0% |
3 Bed | $155,000 | 2.6% |
4 Bed | $159,000 | 2.6% |
| 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 $1,380, with a year-over-year rent change of 25.5%. Per bedroom, the median rent as of July '25 in Euclid, OH is 1-bedrooms: $1,000, 2-bedrooms: $1,170, 3-bedrooms: $1,560, 4-bedrooms: $1,600. The most common rental property sizes in Euclid, OH are 2-bedroom and 3-bedroom, accounting for 39.4% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,000 |
| 2 Bed Rent | $1,150 | $1,170 |
| 3 Bed Rent | $1,500 | $1,560 |
| 4 Bed Rent | $1,600 | $1,600 |
% 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 44. This is a increase of 31.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $153,000 | 6.0% |
Listing Count | 56 | 3.0% |
| Listings as % of Homes | 0.7% | 3.0% |
Days on Market | 44 | 31.0% |
Demographics — Euclid, OH
As of the latest ACS Survey released in 2023, Euclid, OH has a population of 14,000, which has decreased by -5.5% over the past 5 years. Euclid, OH is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,000 | -5.5% |
% Under 18 | 21.7% | -8.8% |
% Seniors | 15.0% | 6.4% |
% WFH | 15.9% | 536.0% |
% w/ College Degree | 22.9% | 27.2% |
As of the latest ACS Survey released in 2023, Euclid, OH is a predominantly black area, with 64.5% of the population identifying as black. The black population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Euclid, OH is white, making up 29.4% of the population. Foreign-born residents account for 2.7% of the population in Euclid, OH, and this percentage has decreased by 18.2% 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 | 29.4% | -12.8% |
% Black | 64.5% | 5.9% |
% Hispanic | 2.2% | 0.0% |
% Asian | 0.6% | 50.0% |
% Foreign Born | 2.7% | -18.2% |
Mortgage and Risk — Euclid, OH
According to HUD data as of 2023, there were 190 mortgage originations in Euclid, OH, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Euclid, OH. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 190 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Euclid, OH
As of 2024, the percent of homes in Euclid, OH under the Section 8 program is 21.9%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Euclid, OH, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 565 |
Total Units Section 8 | 565 |
% Rentals under Section 8 | 21.9% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,000 | $980 |
| 2 Bedroom | $40 | $1,150 | $1,190 |
| 3 Bedroom | $30 | $1,500 | $1,530 |
| 4 Bedroom | $40 | $1,600 | $1,640 |
Affordability — Euclid, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $146,000 |
| Median Household Income | $46,000 |