Medina, OH—44256
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Medina, OH
As of Oct '25, the median home price in Medina, OH is $366,000, with a year-over-year change of 4.0%. This indicates that home prices in Medina, 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 | $366,000 | 4.0% |
| Single Family | $378,000 | 4.1% |
| Condos | $203,000 | 5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $229,000 | 4.1% |
3 Bed | $328,000 | 3.8% |
4 Bed | $439,000 | 3.8% |
| 5 Bed | $563,000 | 3.7% |
% of Housing Stock
Rental Trends — Medina, OH
As of July '25, Rentcast reports the average rent in Medina, OH is $1,570, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Medina, OH is 1-bedrooms: $996, 2-bedrooms: $1,520, 3-bedrooms: $1,940, 4-bedrooms: $3,600. The most common rental property sizes in Medina, OH are 2-bedroom and 3-bedroom, accounting for 56.8% and 17.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $859 | $996 |
| 2 Bed Rent | $1,480 | $1,520 |
| 3 Bed Rent | $1,880 | $1,940 |
| 4 Bed Rent | $2,700 | $3,600 |
% of Rental Stock
Property Listings — Medina, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Medina, OH is 35. This is a decrease of -14.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $431,000 | 0.0% |
Listing Count | 193 | 16.0% |
| Listings as % of Homes | 0.3% | 16.0% |
Days on Market | 35 | -14.0% |
Demographics — Medina, OH
As of the latest ACS Survey released in 2023, Medina, OH has a population of 64,600, which has increased by 2.7% over the past 5 years. Medina, OH is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 42.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 64,600 | 2.7% |
% Under 18 | 20.9% | -11.1% |
% Seniors | 20.4% | 27.5% |
% WFH | 14.9% | 161.4% |
% w/ College Degree | 42.2% | 6.0% |
As of the latest ACS Survey released in 2023, Medina, OH is a predominantly white area, with 90.4% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Medina, OH is hispanic, making up 2.8% of the population. Foreign-born residents account for 3.4% of the population in Medina, OH, and this percentage has increased by 17.2% 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 | 90.4% | -3.0% |
% Black | 2.0% | 17.6% |
% Hispanic | 2.8% | 47.4% |
% Asian | 1.0% | -41.2% |
% Foreign Born | 3.4% | 17.2% |
Mortgage and Risk — Medina, OH
According to HUD data as of 2023, there were 1455 mortgage originations in Medina, OH, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Medina, OH. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,455 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Medina, OH
As of 2024, the percent of homes in Medina, OH under the Section 8 program is 11.5%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Medina, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 562 |
Total Units Section 8 | 538 |
% Rentals under Section 8 | 11.5% |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $251 | $859 | $1,110 |
| 2 Bedroom | -$130 | $1,480 | $1,350 |
| 3 Bedroom | -$140 | $1,880 | $1,740 |
| 4 Bedroom | -$840 | $2,700 | $1,860 |
Affordability — Medina, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $366,000 |
| Median Household Income | $100,000 |