Market Overview
Home Prices in University Heights, OH
The median home value in University Heights, OH is $290,812 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 7.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in University Heights are priced29% below average. University Heights is part of the Cleveland-Elyria, OH metro area.
Over the past five years, University Heights home values have risen by approximately38.2%, reflecting strong long-term appreciation in this market.
Price History
University Heights Home Price Trend
City Comparison
University Heights vs. National Median
At $290,812, homes in University Heights cost 29% below the national median of $410,000. This makes University Heights a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in University Heights?
20% Down Payment
$58,162
on $290,812
Monthly P&I
$1,517/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,927/mo
incl. taxes & insurance
Income Needed
$77,080
gross annual (30% rule)
10% Down Option
$29,081
+ PMI applies
Loan Amount (20% dn)
$232,650
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 University Heights, OH?
The median home value in University Heights is $290,812 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in University Heights?
Over the past year, home values in University Heights have increased by 3%. Over five years, prices have risen approximately 38.2%.
How much do I need to earn to buy a home in University Heights?
To comfortably afford the median home price of $290,812 with a 20% down payment ($58,162) at today's rates (6.8%), you'd need a gross annual income of approximately $77,080. This assumes keeping total housing costs at or below 30% of gross income.
How does University Heights compare to the national average home price?
The national median home value is approximately $410,000. At $290,812, homes in University Heights are 29% below the national average.
What metro area is University Heights part of?
University Heights is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.