Garfield Heights, OH—44125
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garfield Heights, OH
As of Oct '25, the median home price in Garfield Heights, OH is $137,000, with a year-over-year change of 2.0%. This indicates that home prices in Garfield Heights, 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 | $137,000 | 2.0% |
| Single Family | $138,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $110,000 | 0.9% |
3 Bed | $139,000 | 2.2% |
4 Bed | $154,000 | 1.3% |
| 5 Bed | $176,000 | 0.6% |
% of Housing Stock
Rental Trends — Garfield Heights, OH
As of July '25, Rentcast reports the average rent in Garfield Heights, OH is $1,400, with a year-over-year rent change of 15.7%. Per bedroom, the median rent as of July '25 in Garfield Heights, OH is 1-bedrooms: $820, 2-bedrooms: $1,130, 3-bedrooms: $1,520, 4-bedrooms: $1,810. The most common rental property sizes in Garfield Heights, OH are 3-bedroom and 2-bedroom, accounting for 42.2% and 41.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $810 | $820 |
| 2 Bed Rent | $1,050 | $1,130 |
| 3 Bed Rent | $1,480 | $1,520 |
| 4 Bed Rent | $1,650 | $1,810 |
% of Rental Stock
Property Listings — Garfield Heights, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Garfield Heights, OH is 34. This is a increase of 9.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $150,000 | 2.0% |
Listing Count | 124 | 11.0% |
| Listings as % of Homes | 0.9% | 11.0% |
Days on Market | 34 | 9.0% |
Demographics — Garfield Heights, OH
As of the latest ACS Survey released in 2023, Garfield Heights, OH has a population of 29,400, which has increased by 5.1% over the past 5 years. Garfield Heights, OH is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,400 | 5.1% |
% Under 18 | 23.4% | 4.5% |
% Seniors | 15.9% | -4.2% |
% WFH | 7.1% | 294.4% |
% w/ College Degree | 17.4% | 6.1% |
As of the latest ACS Survey released in 2023, Garfield Heights, OH is a predominantly black area, with 47.1% of the population identifying as black. The black population has grown by 19.2% in the last 5 years. The second most common race or ethnicity in Garfield Heights, OH is white, making up 40.9% of the population. Foreign-born residents account for 3.0% of the population in Garfield Heights, OH, and this percentage has decreased by 6.2% 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 | 40.9% | -26.3% |
% Black | 47.1% | 19.2% |
% Hispanic | 6.5% | 116.7% |
% Asian | 0.1% | -87.5% |
% Foreign Born | 3.0% | -6.2% |
Mortgage and Risk — Garfield Heights, OH
According to HUD data as of 2023, there were 552 mortgage originations in Garfield Heights, OH, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Garfield Heights, OH. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 552 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Garfield Heights, OH
As of 2024, the percent of homes in Garfield Heights, OH under the Section 8 program is 15.0%. 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. In Garfield Heights, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 691 |
Total Units Section 8 | 631 |
% Rentals under Section 8 | 15.0% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $810 | $1,100 |
| 2 Bedroom | $280 | $1,050 | $1,330 |
| 3 Bedroom | $230 | $1,480 | $1,710 |
| 4 Bedroom | $190 | $1,650 | $1,840 |
Affordability — Garfield Heights, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $137,000 |
| Median Household Income | $55,500 |