Market Overview
Home Prices in Waite Hill, OH
The median home value in Waite Hill, OH is $817,959 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Waite Hill are priced100% above average. Waite Hill is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Waite Hill home values have risen by approximately32.7%, reflecting strong long-term appreciation in this market.
Price History
Waite Hill Home Price Trend
City Comparison
Waite Hill vs. National Median
At $817,959, homes in Waite Hill cost 100% above the national median of $410,000. Buyers in Waite Hill should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Waite Hill?
20% Down Payment
$163,592
on $817,959
Monthly P&I
$4,266/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,418/mo
incl. taxes & insurance
Income Needed
$216,720
gross annual (30% rule)
10% Down Option
$81,796
+ PMI applies
Loan Amount (20% dn)
$654,367
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 Waite Hill, OH?
The median home value in Waite Hill is $817,959 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in Waite Hill?
Over the past year, home values in Waite Hill have increased by 6.3%. Over five years, prices have risen approximately 32.7%.
How much do I need to earn to buy a home in Waite Hill?
To comfortably afford the median home price of $817,959 with a 20% down payment ($163,592) at today's rates (6.8%), you'd need a gross annual income of approximately $216,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Waite Hill compare to the national average home price?
The national median home value is approximately $410,000. At $817,959, homes in Waite Hill are 100% above the national average.
What metro area is Waite Hill part of?
Waite Hill is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.