Market Overview
Home Prices in Timberlake, OH
The median home value in Timberlake, OH is $269,267 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Timberlake are priced34% below average. Timberlake is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Timberlake home values have risen by approximately31.8%, reflecting strong long-term appreciation in this market.
Price History
Timberlake Home Price Trend
City Comparison
Timberlake vs. National Median
At $269,267, homes in Timberlake cost 34% below the national median of $410,000. This makes Timberlake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Timberlake?
20% Down Payment
$53,853
on $269,267
Monthly P&I
$1,404/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,783/mo
incl. taxes & insurance
Income Needed
$71,320
gross annual (30% rule)
10% Down Option
$26,927
+ PMI applies
Loan Amount (20% dn)
$215,414
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 Timberlake, OH?
The median home value in Timberlake is $269,267 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Timberlake?
Over the past year, home values in Timberlake have increased by 4.6%. Over five years, prices have risen approximately 31.8%.
How much do I need to earn to buy a home in Timberlake?
To comfortably afford the median home price of $269,267 with a 20% down payment ($53,853) at today's rates (6.8%), you'd need a gross annual income of approximately $71,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Timberlake compare to the national average home price?
The national median home value is approximately $410,000. At $269,267, homes in Timberlake are 34% below the national average.
What metro area is Timberlake part of?
Timberlake is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.