Hinckley, OH—44233
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hinckley, OH
As of Oct '25, the median home price in Hinckley, OH is $488,000, with a year-over-year change of 4.8%. This indicates that home prices in Hinckley, OH are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $488,000 | 4.8% |
| Single Family | $489,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $284,000 | 4.0% |
3 Bed | $387,000 | 4.3% |
4 Bed | $592,000 | 4.6% |
| 5 Bed | $696,000 | 4.7% |
% of Housing Stock
Rental Trends — Hinckley, OH
As of July '25, Rentcast reports the average rent in Hinckley, OH is $2,170, with a year-over-year rent change of -45.8%. Per bedroom, the median rent as of July '25 in Hinckley, OH is 2-bedrooms: $2,040, 3-bedrooms: $2,300. The most common rental property sizes in Hinckley, OH are 2-bedroom and 3-bedroom, accounting for 50.0% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,040 | $2,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,040 | $2,040 |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hinckley, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Hinckley, OH is 66. This is a decrease of -16.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $785,000 | -9.0% |
Listing Count | 29 | 52.0% |
| Listings as % of Homes | 0.4% | 52.0% |
Days on Market | 66 | -16.0% |
Demographics — Hinckley, OH
As of the latest ACS Survey released in 2023, Hinckley, OH has a population of 8,070, which has increased by 1.8% over the past 5 years. Hinckley, OH is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,070 | 1.8% |
% Under 18 | 25.3% | 18.8% |
% Seniors | 19.6% | 2.6% |
% WFH | 16.9% | 83.7% |
% w/ College Degree | 42.0% | 5.3% |
As of the latest ACS Survey released in 2023, Hinckley, OH is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Hinckley, OH is hispanic, making up 2.7% of the population. Foreign-born residents account for 8.3% of the population in Hinckley, OH, and this percentage has increased by 36.1% 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 | 93.2% | -4.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.7% | 200.0% |
% Asian | 0.8% | -33.3% |
% Foreign Born | 8.3% | 36.1% |
Mortgage and Risk — Hinckley, OH
According to HUD data as of 2023, there were 159 mortgage originations in Hinckley, OH, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Hinckley, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 159 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Hinckley, OH
Hinckley, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | -$900 | $2,040 | $1,140 |
| 3 Bedroom | -$830 | $2,300 | $1,470 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Hinckley, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $488,000 |
| Median Household Income | $138,000 |