Eastlake, OH 44095 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Eastlake, OH—44095

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$195,000

3.2% YoY Growth

Household Income

$69,800

26.0% YoY Growth

Days on Market

7.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$1,550

8.7% YoY Growth

1-Bed Rent

$895

N/A

2-Bed Rent

$950

18.0% YoY Growth

3-Bed Rent

$1,600

5.3% YoY Growth

Home Price Trends — Eastlake, OH

As of Dec '25, the median home price in Eastlake, OH is $195,000, with a year-over-year change of 3.2%. This indicates that home prices in Eastlake, OH are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$195,000	3.2%
Single Family	$195,000	2.6%
Condos	$195,000	2.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Eastlake, OH

As of July '25, Rentcast reports the average rent in Eastlake, OH is $1,470, with a year-over-year rent change of -8.7%. Per bedroom, the median rent as of July '25 in Eastlake, OH is 1-bedrooms: $903, 2-bedrooms: $992, 3-bedrooms: $1,620, 4-bedrooms: $1,840. The most common rental property sizes in Eastlake, OH are 2-bedroom and 3-bedroom, accounting for 42.5% and 25.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,550	$1,470
Studio Rent	N/A	N/A
1 Bed Rent	$895	$903
2 Bed Rent	$950	$992
3 Bed Rent	$1,600	$1,620
4 Bed Rent	$1,720	$1,840

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% of Rental Stock

Studio

2.8%

1 Bedroom

25.1%

2 Bedrooms

42.5%

3 Bedrooms

25.7%

4 Bedrooms

3.4%

5+ Bedrooms

0.6%

Property Listings — Eastlake, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Eastlake, OH is 42. This is a decrease of -2.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$215,000	11.0%
Listing Count	89	4.0%
Listings as % of Homes	0.5%	4.0%
Days on Market	51	-7.0%

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Demographics — Eastlake, OH

As of the latest ACS Survey released in 2023, Eastlake, OH has a population of 32,500, which has decreased by -2.5% over the past 5 years. Eastlake, OH is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	32,500	-2.5%
% Under 18	16.8%	-15.6%
% Seniors	20.6%	13.8%
% WFH	12.1%	404.2%
% w/ College Degree	24.1%	31.0%

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As of the latest ACS Survey released in 2023, Eastlake, OH is a predominantly white area, with 87.0% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Eastlake, OH is black, making up 5.7% of the population. Foreign-born residents account for 3.4% of the population in Eastlake, OH, and this percentage has decreased by 15.0% 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	87.0%	-4.5%
% Black	5.7%	11.8%
% Hispanic	2.6%	85.7%
% Asian	0.3%	-40.0%
% Foreign Born	3.4%	-15.0%

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Mortgage and Risk — Eastlake, OH

According to HUD data as of 2023, there were 725 mortgage originations in Eastlake, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Eastlake, OH. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	725
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Eastlake, OH

As of 2024, the percent of homes in Eastlake, OH under the Section 8 program is 6.6%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Eastlake, OH, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	214
Total Units Section 8	214
% Rentals under Section 8	6.6%
% Occupied Section 8	72.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$95	$895	$990
2 Bedroom	$250	$950	$1,200
3 Bedroom	-$60	$1,600	$1,540
4 Bedroom	-$60	$1,720	$1,660

Eastlake, OH—44095

Key Metrics at a Glance

Home Price Trends — Eastlake, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Eastlake, OH

% of Rental Stock

Property Listings — Eastlake, OH

Demographics — Eastlake, OH

Race and Ethnicity

Mortgage and Risk — Eastlake, OH

Mortgages

Rentals and Section 8 — Eastlake, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Eastlake, OH

Home Price to Income Ratio

Eastlake, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Wickliffe, OH

Euclid, OH

Willoughby, OH

Euclid, OH

Richmond Heights, Highland Heights, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$195,000
Median Household Income	$69,800

Eastlake, OH—44095

Key Metrics at a Glance

Home Price Trends — Eastlake, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Eastlake, OH

% of Rental Stock

Property Listings — Eastlake, OH

Demographics — Eastlake, OH

Race and Ethnicity

Mortgage and Risk — Eastlake, OH

Mortgages

Rentals and Section 8 — Eastlake, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Eastlake, OH

Home Price to Income Ratio

Eastlake, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Wickliffe, OH

Euclid, OH

Willoughby, OH

Euclid, OH

Richmond Heights, Highland Heights, OH

Frequently Asked Questions

What is the average home price in Eastlake, OH 44095?

How have home prices in Eastlake, OH 44095 changed over the past year?

What is the home price projection for Eastlake, OH 44095?

What are the demographics of Eastlake, OH 44095?

How long does it take homes to sell in Eastlake, OH 44095?

What is the average rent price in Eastlake, OH 44095?