East Cleveland, OH44112

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$74,000
0.3% YoY Growth
Median Household Income
$29,000
28.2% 5-Year Growth
Days on Market
52
24.0% Longer than last year
Home Price Forecast
-0.5%
Median Rent
$972
10.3% YoY Growth
1-Bed Rent
$725
0.4% YoY Growth
2-Bed Rent
$972
1.1% YoY Growth
3-Bed Rent
$1,250
2.2% YoY Growth

Property Listings — East Cleveland, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in East Cleveland, OH is 52. This is a increase of 24.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$118,00020.0%
Listing Count
7538.0%
Listings as % of Homes0.5%38.0%
Days on Market
5224.0%
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Demographics — East Cleveland, OH

As of the latest ACS Survey released in 2023, East Cleveland, OH has a population of 18,500, which has decreased by -15.6% over the past 5 years. East Cleveland, OH is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,500-15.6%
% Under 18
23.8%10.2%
% Seniors
22.7%8.6%
% WFH
5.1%41.7%
% w/ College Degree
16.9%18.2%
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As of the latest ACS Survey released in 2023, East Cleveland, OH is a predominantly black area, with 89.0% of the population identifying as black. The black population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in East Cleveland, OH is white, making up 7.0% of the population. Foreign-born residents account for 3.7% of the population in East Cleveland, OH, and this percentage has increased by 76.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
7.0%16.7%
% Black
89.0%-1.4%
% Hispanic
1.2%100.0%
% Asian
0.5%25.0%
% Foreign Born
3.7%76.2%
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Mortgage and Risk — East Cleveland, OH

According to HUD data as of 2023, there were 92 mortgage originations in East Cleveland, OH, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in East Cleveland, OH. Investor activity is high, as 22.0% 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
92
% Conventional Loans
77.0%
% Government Loans
23.0%
% Investor Loans
22.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — East Cleveland, OH

As of 2024, the percent of homes in East Cleveland, OH under the Section 8 program is 40.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in East Cleveland, OH, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
2,272
Total Units Section 8
2,049
% Rentals under Section 8
40.4%
% Occupied Section 8
84.6%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$105$725$830
2 Bedroom$38$972$1,010
3 Bedroom$50$1,250$1,300
4 Bedroom-$210$1,600$1,390

Affordability — East Cleveland, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$74,000
Median Household Income$29,000

East Cleveland, OH — ZIP Code Boundary Map

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Frequently Asked Questions