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South Euclid Housing Information

IndexSouth EuclidOhioNational
Median home price$100,100$131,900$184,700
Median rent asked$943$743$949
Avg. people per household2.52.42.6
Owner occupied households73.9%66.0%63.6%
Renter occupied households26.1%34.0%36.4%
A general summary of the real estate market in South Euclid, OH is listed above. Properties in South Euclid, OH average a cost of $100,100, which is 24% lower than the median home price for real estate located in Ohio. This means that the region of South Euclid, OH is, on average, more affordable when compared to the remainder of Ohio. Since tenants living in South Euclid, OH will pay an average of $943, the median rental cost is 27% higher than in Ohio. 73.9% of people in South Euclid, OH own their own homes, and an average of 2.5 people inhabit each property. South Euclid, OH has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

South Euclid Home Affordability

When starting your search for real estate in South Euclid, OH, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in South Euclid, OH costs $100,100 while each household has an average income of $59,734. Consequently, the ratio of home price to household income is 1.7x; this ratio is 36% lower than the average in Ohio. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in South Euclid, OH. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in South Euclid, OH.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Linndale, OH125$54,00071%
East Cleveland, OH17,413$58,50068%
Newburgh Heights, OH1,869$65,70064%
Cleveland, OH389,165$67,50063%
Maple Heights, OH22,685$71,80061%
South Euclid, OH21,865$100,10046%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
La Porte, IN21,876$93,00050%
Moses Lake, WA21,846$144,90022%
Summit, NJ21,895$822,000345%
Stoneham, MA21,831$425,500130%
Park Forest, IL21,831$75,30059%
South Euclid, OH21,865$100,10046%

Source: The South Euclid, OH housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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