Market Overview
Home Prices in Woodmere, OH
The median home value in Woodmere, OH is $347,490 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 7.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Woodmere are priced15% below average. Woodmere is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Woodmere home values have risen by approximately33.3%, reflecting strong long-term appreciation in this market.
Price History
Woodmere Home Price Trend
City Comparison
Woodmere vs. National Median
At $347,490, homes in Woodmere cost 15% below the national median of $410,000. This makes Woodmere a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Woodmere?
20% Down Payment
$69,498
on $347,490
Monthly P&I
$1,812/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,301/mo
incl. taxes & insurance
Income Needed
$92,040
gross annual (30% rule)
10% Down Option
$34,749
+ PMI applies
Loan Amount (20% dn)
$277,992
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 Woodmere, OH?
The median home value in Woodmere is $347,490 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Woodmere?
Over the past year, home values in Woodmere have increased by 6.1%. Over five years, prices have risen approximately 33.3%.
How much do I need to earn to buy a home in Woodmere?
To comfortably afford the median home price of $347,490 with a 20% down payment ($69,498) at today's rates (6.8%), you'd need a gross annual income of approximately $92,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Woodmere compare to the national average home price?
The national median home value is approximately $410,000. At $347,490, homes in Woodmere are 15% below the national average.
What metro area is Woodmere part of?
Woodmere is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.