Broadview Heights, OH44147

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$356,000
6.3% YoY Growth
Median Household Income
$99,400
12.0% 5-Year Growth
Days on Market
56
17.0% Longer than last year
Home Price Forecast
1.9%
Median Rent
$1,400
13.2% YoY Growth
1-Bed Rent
$1,100
1.9% YoY Growth
2-Bed Rent
$1,550
40.0% YoY Growth
3-Bed Rent
$1,800
43.8% YoY Growth

Property Listings — Broadview Heights, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Broadview Heights, OH is 56. This is a increase of 17.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$472,00020.0%
Listing Count
5413.0%
Listings as % of Homes0.4%13.0%
Days on Market
5617.0%
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Demographics — Broadview Heights, OH

As of the latest ACS Survey released in 2023, Broadview Heights, OH has a population of 19,800, which has increased by 2.1% over the past 5 years. Broadview Heights, OH is a moderately popular place for families, as children make up 20.1% of the population. The area has a highly educated workforce, with 53.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
19,8002.1%
% Under 18
20.1%-8.6%
% Seniors
19.7%20.1%
% WFH
15.5%115.3%
% w/ College Degree
53.8%13.0%
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As of the latest ACS Survey released in 2023, Broadview Heights, OH is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Broadview Heights, OH is asian, making up 4.9% of the population. Foreign-born residents account for 8.3% of the population in Broadview Heights, OH, and this percentage has decreased by 27.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.7%-2.3%
% Black
3.9%34.5%
% Hispanic
2.5%56.2%
% Asian
4.9%-10.9%
% Foreign Born
8.3%-27.8%
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Mortgage and Risk — Broadview Heights, OH

According to HUD data as of 2023, there were 387 mortgage originations in Broadview Heights, OH, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Broadview Heights, OH. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
387
% Conventional Loans
95.0%
% Government Loans
5.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Broadview Heights, OH

Broadview Heights, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
0.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$40$1,100$1,060
2 Bedroom-$260$1,550$1,290
3 Bedroom-$140$1,800$1,660
4 BedroomN/AN/A$1,780

Affordability — Broadview Heights, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$356,000
Median Household Income$99,400

Broadview Heights, OH — ZIP Code Boundary Map

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Frequently Asked Questions