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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.



Highland 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

Highland Heights, OH Housing Market Trends

With a population of 8,564, 3,504 total housing units (homes and apartments), and a median house value of $522,809, Highland Heights house prices are not only among the most expensive in Ohio, Highland Heights real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Highland Heights, accounting for 87.37% of the city's housing units. Other types of housing that are prevalent in Highland Heights include row houses and other attached homes ( 7.94%), duplexes, homes converted to apartments or other small apartment buildings ( 3.32%), and a few large apartment complexes or high rise apartments ( 1.37%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Highland Heights. Owner-occupied housing accounts for 94.24% of Highland Heights's homes, and 79.30% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Highland Heights's housing was primarily built during this period, from the '40s through the '60s. A full 41.32% of the city's housing hails from this era. Other housing ages represented in Highland Heights include homes built between 1970-1999 ( 39.46%) and housing constructed between 2000 and later ( 18.26%).

Highland Heights Home Appreciation Rates

Real estate appreciation rates in Highland Heights's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.41% during the period.

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

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

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

Average Home Values

Median Home Value

$522,809

Highland Heights, OH Home Prices
> $1,298,000
$973,001 - $1,298,000
$649,001 - $973,000
$519,001 - $649,000
$389,001 - $519,000
$260,001 - $389,000
$130,001 - $260,000
$65,001 - $130,000
$0 - $65,000
0.0%
0.0%
0.9%
0.9%
13.3%
13.3%
23.0%
23.0%
20.1%
20.1%
27.0%
27.0%
14.6%
14.6%
0.2%
0.2%
0.9%
0.9%
0% 100.0%
% of Homes
Very High

for Ohio

Very High

for nation

Number of Homes And Apartments:

3,504

Highland Heights Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,683 / per month

Homeownership Rate

Owners
Renters
94.2%
94.2%
5.8%
5.8%
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
18.3%
18.3%
39.5%
39.5%
41.3%
41.3%
1.0%
1.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
87.4%
87.4%
7.9%
7.9%
3.3%
3.3%
1.4%
1.4%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.4%
1.4%
0.2%
0.2%
8.6%
8.6%
48.5%
48.5%
30.8%
30.8%
10.5%
10.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Highland Heights

Zip Codes in Highland Heights, OH