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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Broadview Heights, OH Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Broadview Heights, OH Housing Market Trends

With 19,635 people, 8,396 houses or apartments, and a median cost of homes of $363,717, Broadview Heights real estate is some of the most expensive in Ohio, although Broadview Heights home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Broadview Heights, accounting for 68.58% of the city's housing units. Other types of housing that are prevalent in Broadview Heights include large apartment complexes or high rise apartments ( 21.65%), row houses and other attached homes ( 7.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.12%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Broadview Heights. Owner-occupied housing accounts for 82.59% of Broadview Heights's homes, and 62.81% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Broadview Heights built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Broadview Heights built between 1940-1969 ( 28.92%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.09%). There's also some housing in Broadview Heights built before 1939 ( 1.80%).

Broadview Heights Home Appreciation Rates

Broadview Heights's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Broadview Heights during the period has been just 5.27%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Broadview Heights's appreciation rate, at 5.03%, has been at or slightly above the national average. In the latest quarter, Broadview Heights's appreciation rate has been -0.78%, which annualizes to a rate of -3.07%.

Notably, Broadview Heights's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Ohio, our data show that Broadview Heights's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$363,717

Broadview Heights, OH Home Prices
> $1,233,000
$925,001 - $1,233,000
$617,001 - $925,000
$493,001 - $617,000
$370,001 - $493,000
$246,001 - $370,000
$123,001 - $246,000
$62,001 - $123,000
$0 - $62,000
0.2%
0.2%
1.3%
1.3%
11.3%
11.3%
14.4%
14.4%
15.0%
15.0%
34.2%
34.2%
17.2%
17.2%
4.4%
4.4%
1.9%
1.9%
0% 100.0%
% of Homes
Very High

for Ohio

High

for nation

Number of Homes And Apartments:

8,396

Broadview Heights Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,867 / per month

Homeownership Rate

Owners
Renters
82.6%
82.6%
17.4%
17.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.8%
3.8%
96.2%
96.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
23.1%
23.1%
46.2%
46.2%
28.9%
28.9%
1.8%
1.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.6%
68.6%
7.5%
7.5%
2.1%
2.1%
21.7%
21.7%
0.0%
0.0%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.1%
0.1%
3.7%
3.7%
28.7%
28.7%
34.0%
34.0%
28.8%
28.8%
4.7%
4.7%
0% 100.0%
% of Homes