Zip 44116 (Rocky River, OH) Housing

The housing market in 44116 Rocky River, OH is comparable to that of the United States as a whole. The median value of homes in the area is $309,600 and the US median value is $338,100. In the past year there has been an 8.27% appreciation rate for housing across the US and 8.35% in Rocky River, OH demonstrating that this market is on par with national averages. Therefore, investing in this area could be a sound decision financially for potential home-buyers and investors alike.

The median home cost in Rocky River (zip 44116) is $309,600. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Rocky River (zip 44116) is up 12.6%.

Average Age of Homes

- The median age of Rocky River (zip 44116) real estate is 59 years old

The Rental Market in Rocky River (zip 44116)

- Renters make up 24.0% of the Rocky River (zip 44116) population
- 2.9% of houses and apartments in Rocky River (zip 44116), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rocky River, Ohio	United States
	10,450.0	139,647,020.0
	60	42
	$309,600	$338,100
	12.6%	16.6%
	53.2%	57.0%
	79.6%	101.1%
	$21.37	$10.98
	$5,815	$2,690
	66.0%	57.4%
	7.1%	11.2%
	26.9%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.7%	0.4%
	0.7%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.6%	2.4%
	3.5%	2.8%
	3.3%	3.9%
	1.7%	4.5%
	6.7%	11.3%
	14.2%	13.0%
	28.4%	20.1%
	18.0%	13.6%
	9.0%	8.3%
	8.5%	9.7%
	1.9%	3.9%
	1.8%	2.2%
	0.4%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.8%	13.6%
	2.8%	13.6%
	5.1%	13.6%
	6.6%	13.2%
	11.6%	14.8%
	5.1%	13.6%
	19.4%	10.0%
	9.4%	4.7%
	19.1%	12.2%

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