University Heights—39762
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in University Heights
Home Price Trends — University Heights
University Heights lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
No data available
Rental Trends — University Heights
University Heights lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — University Heights
University Heights lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — University Heights
As of the latest ACS Survey released in 2023, University Heights has a population of 4,760, which has increased by 58.0% over the past 5 years. University Heights is a less popular place for families, as children make up 0.9% of the population. The area has a poorly educated workforce, with 0.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,760 | 58.0% |
% Under 18 | 0.9% | -40.0% |
% Seniors | 0.0% | N/A |
% WFH | 18.2% | -18.4% |
% w/ College Degree | 0.0% | -100.0% |
As of the latest ACS Survey released in 2023, University Heights is a predominantly white area, with 67.6% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in University Heights is black, making up 23.5% of the population. Foreign-born residents account for 3.0% of the population in University Heights, and this percentage has decreased by 9.1% 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 | 67.6% | 0.3% |
% Black | 23.5% | -10.3% |
% Hispanic | 2.9% | -14.7% |
% Asian | 1.9% | 111.1% |
% Foreign Born | 3.0% | -9.1% |
Mortgage and Risk — University Heights
According to HUD data as of 2023, there were 26 mortgage originations in University Heights, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in University Heights. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 54.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — University Heights
University Heights 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 | $970 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — University Heights
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |