North Royalton, OH—44133
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Royalton, OH
As of Oct '25, the median home price in North Royalton, OH is $328,000, with a year-over-year change of 5.4%. This indicates that home prices in North Royalton, OH are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $328,000 | 5.4% |
| Single Family | $367,000 | 5.2% |
| Condos | $158,000 | 6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $100,000 | 4.2% |
2 Bed | $172,000 | 6.8% |
3 Bed | $295,000 | 6.1% |
4 Bed | $453,000 | 6.1% |
| 5 Bed | $524,000 | 4.8% |
% of Housing Stock
Rental Trends — North Royalton, OH
As of July '25, Rentcast reports the average rent in North Royalton, OH is $2,070, with a year-over-year rent change of 51.1%. Per bedroom, the median rent as of July '25 in North Royalton, OH is studios: $899, 1-bedrooms: $1,730, 2-bedrooms: $1,200, 3-bedrooms: $3,290, 4-bedrooms: $3,820. The most common rental property sizes in North Royalton, OH are 2-bedroom and 1-bedroom, accounting for 46.7% and 41.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,260 | $2,070 |
| Studio Rent | $899 | $899 |
| 1 Bed Rent | $1,220 | $1,730 |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $3,500 | $3,290 |
| 4 Bed Rent | $3,000 | $3,820 |
% of Rental Stock
Property Listings — North Royalton, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in North Royalton, OH is 44. This is a increase of 34.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $381,000 | -8.0% |
Listing Count | 90 | 14.0% |
| Listings as % of Homes | 0.4% | 14.0% |
Days on Market | 44 | 34.0% |
Demographics — North Royalton, OH
As of the latest ACS Survey released in 2023, North Royalton, OH has a population of 31,000, which has increased by 2.7% over the past 5 years. North Royalton, OH is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 39.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,000 | 2.7% |
% Under 18 | 18.4% | -4.7% |
% Seniors | 22.3% | 20.5% |
% WFH | 13.2% | 256.8% |
% w/ College Degree | 39.2% | 1.3% |
As of the latest ACS Survey released in 2023, North Royalton, OH is a predominantly white area, with 87.0% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in North Royalton, OH is asian, making up 4.7% of the population. Foreign-born residents account for 12.5% of the population in North Royalton, OH, and this percentage has increased by 15.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.0% | -3.5% |
% Black | 1.2% | -47.8% |
% Hispanic | 4.2% | 147.1% |
% Asian | 4.7% | 9.3% |
% Foreign Born | 12.5% | 15.7% |
Mortgage and Risk — North Royalton, OH
According to HUD data as of 2023, there were 568 mortgage originations in North Royalton, OH, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in North Royalton, OH. Investor activity is low, as 1.0% 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 | 568 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — North Royalton, OH
As of 2024, the percent of homes in North Royalton, OH under the Section 8 program is 0.1%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in North Royalton, OH, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 65 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $1,220 | $1,030 |
| 2 Bedroom | $50 | $1,200 | $1,250 |
| 3 Bedroom | -$1,890 | $3,500 | $1,610 |
| 4 Bedroom | -$1,280 | $3,000 | $1,720 |
Affordability — North Royalton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $328,000 |
| Median Household Income | $81,800 |