Market Overview
Home Prices in Mayfield Heights, OH
The median home value in Mayfield Heights, OH is $238,817 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mayfield Heights are priced42% below average. Mayfield Heights is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Mayfield Heights home values have risen by approximately30.5%, reflecting strong long-term appreciation in this market.
Price History
Mayfield Heights Home Price Trend
City Comparison
Mayfield Heights vs. National Median
At $238,817, homes in Mayfield Heights cost 42% below the national median of $410,000. This makes Mayfield Heights a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mayfield Heights?
20% Down Payment
$47,763
on $238,817
Monthly P&I
$1,246/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,582/mo
incl. taxes & insurance
Income Needed
$63,280
gross annual (30% rule)
10% Down Option
$23,882
+ PMI applies
Loan Amount (20% dn)
$191,054
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 Mayfield Heights, OH?
The median home value in Mayfield Heights is $238,817 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Mayfield Heights?
Over the past year, home values in Mayfield Heights have increased by 2.7%. Over five years, prices have risen approximately 30.5%.
How much do I need to earn to buy a home in Mayfield Heights?
To comfortably afford the median home price of $238,817 with a 20% down payment ($47,763) at today's rates (6.8%), you'd need a gross annual income of approximately $63,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Mayfield Heights compare to the national average home price?
The national median home value is approximately $410,000. At $238,817, homes in Mayfield Heights are 42% below the national average.
What metro area is Mayfield Heights part of?
Mayfield Heights is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.