Market Overview
Home Prices in Beachwood, OH
The median home value in Beachwood, OH is $511,328 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Beachwood are priced25% above average. Beachwood is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Beachwood home values have risen by approximately38.2%, reflecting strong long-term appreciation in this market.
Price History
Beachwood Home Price Trend
City Comparison
Beachwood vs. National Median
At $511,328, homes in Beachwood cost 25% above the national median of $410,000. Buyers in Beachwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Beachwood?
20% Down Payment
$102,266
on $511,328
Monthly P&I
$2,667/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,387/mo
incl. taxes & insurance
Income Needed
$135,480
gross annual (30% rule)
10% Down Option
$51,133
+ PMI applies
Loan Amount (20% dn)
$409,062
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Beachwood, OH?
The median home value in Beachwood is $511,328 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Beachwood?
Over the past year, home values in Beachwood have increased by 5.9%. Over five years, prices have risen approximately 38.2%.
How much do I need to earn to buy a home in Beachwood?
To comfortably afford the median home price of $511,328 with a 20% down payment ($102,266) at today's rates (6.8%), you'd need a gross annual income of approximately $135,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Beachwood compare to the national average home price?
The national median home value is approximately $410,000. At $511,328, homes in Beachwood are 25% above the national average.
What metro area is Beachwood part of?
Beachwood is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.