Brook Park, Brookpark, OH—44142
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brook Park, Brookpark, OH
As of Oct '25, the median home price in Brook Park, Brookpark, OH is $206,000, with a year-over-year change of 6.1%. This indicates that home prices in Brook Park, Brookpark, OH are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | 6.1% |
| Single Family | $208,000 | 6.1% |
| Condos | $164,000 | 11.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $174,000 | 6.1% |
3 Bed | $206,000 | 6.2% |
4 Bed | $231,000 | 5.5% |
| 5 Bed | $256,000 | 4.5% |
% of Housing Stock
Rental Trends — Brook Park, Brookpark, OH
As of July '25, Rentcast reports the average rent in Brook Park, Brookpark, OH is $1,330, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in Brook Park, Brookpark, OH is 1-bedrooms: $938, 2-bedrooms: $1,020, 3-bedrooms: $1,650, 4-bedrooms: $1,680. The most common rental property sizes in Brook Park, Brookpark, OH are 2-bedroom and 3-bedroom, accounting for 45.5% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $938 |
| 2 Bed Rent | $1,050 | $1,020 |
| 3 Bed Rent | $1,540 | $1,650 |
| 4 Bed Rent | $1,600 | $1,680 |
% of Rental Stock
Property Listings — Brook Park, Brookpark, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Brook Park, Brookpark, OH is 28. This is a increase of 71.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $244,000 | 8.0% |
Listing Count | 27 | -11.0% |
| Listings as % of Homes | 0.4% | -11.0% |
Days on Market | 28 | 71.0% |
Demographics — Brook Park, Brookpark, OH
As of the latest ACS Survey released in 2023, Brook Park, Brookpark, OH has a population of 18,400, which has decreased by -1.7% over the past 5 years. Brook Park, Brookpark, OH is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,400 | -1.7% |
% Under 18 | 18.8% | -5.5% |
% Seniors | 21.2% | 6.0% |
% WFH | 6.6% | 312.5% |
% w/ College Degree | 15.5% | 15.7% |
As of the latest ACS Survey released in 2023, Brook Park, Brookpark, OH is a predominantly white area, with 82.8% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Brook Park, Brookpark, OH is hispanic, making up 6.1% of the population. Foreign-born residents account for 4.9% of the population in Brook Park, Brookpark, OH, and this percentage has decreased by 15.5% 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 | 82.8% | -3.7% |
% Black | 5.8% | 38.1% |
% Hispanic | 6.1% | 41.9% |
% Asian | 2.1% | 5.0% |
% Foreign Born | 4.9% | -15.5% |
Mortgage and Risk — Brook Park, Brookpark, OH
According to HUD data as of 2023, there were 414 mortgage originations in Brook Park, Brookpark, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Brook Park, Brookpark, OH. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 414 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Brook Park, Brookpark, OH
As of 2024, the percent of homes in Brook Park, Brookpark, OH under the Section 8 program is 1.2%. 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 Brook Park, Brookpark, 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 | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $950 | $1,050 |
| 2 Bedroom | $230 | $1,050 | $1,280 |
| 3 Bedroom | $110 | $1,540 | $1,650 |
| 4 Bedroom | $170 | $1,600 | $1,770 |
Affordability — Brook Park, Brookpark, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $206,000 |
| Median Household Income | $67,200 |