Market Overview
Home Prices in Eastlake, OH
The median home value in Eastlake, OH is $212,507 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eastlake are priced48% below average. Eastlake is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Eastlake home values have risen by approximately30.2%, reflecting strong long-term appreciation in this market.
Price History
Eastlake Home Price Trend
City Comparison
Eastlake vs. National Median
At $212,507, homes in Eastlake cost 48% below the national median of $410,000. This makes Eastlake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eastlake?
20% Down Payment
$42,501
on $212,507
Monthly P&I
$1,108/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,407/mo
incl. taxes & insurance
Income Needed
$56,280
gross annual (30% rule)
10% Down Option
$21,251
+ PMI applies
Loan Amount (20% dn)
$170,006
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 Eastlake, OH?
The median home value in Eastlake is $212,507 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Eastlake?
Over the past year, home values in Eastlake have increased by 2.8%. Over five years, prices have risen approximately 30.2%.
How much do I need to earn to buy a home in Eastlake?
To comfortably afford the median home price of $212,507 with a 20% down payment ($42,501) at today's rates (6.8%), you'd need a gross annual income of approximately $56,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Eastlake compare to the national average home price?
The national median home value is approximately $410,000. At $212,507, homes in Eastlake are 48% below the national average.
What metro area is Eastlake part of?
Eastlake is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.