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Buying a home in Broadview Heights, Ohio

The typical owner-occupied home in Broadview Heights is worth about $316,700, 47% above the Ohio median of $214,800 and 5% below the national median of $332,700. Owners pay a median $6,034 a year in property taxes, about 1.91% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $103,125 a year, so the median home costs 3.1 times the median income (3.0 times for Ohio). 83% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.

Broadview Heights at a glance

Broadview Heights Ohio U.S.
Median home value $316,700 $214,800 $332,700
Median property tax paid per year $6,034 $2,822 $3,119
Property tax as a share of value 1.91% 1.31% 0.94%
Median household income $103,125 $71,389 $80,734
Homes lived in by their owners 83% 67% 65%
Owner homes with a mortgage 64% 61% 61%
Median monthly costs, owners with a mortgage $2,097 $1,517 $1,963
Those costs as a share of the owners' income 17.6% 18.6% 21.0%
Median rent $1,083 $1,034 $1,413
Rent as a share of renters' income 23.6% 28.3% 30.6%
Median year homes were built 1984 1970 1980
Vacant homes 3.0% 8.1% 10.1%
Population 19,771 11,810,293 334,922,499

What a typical home costs per month in Broadview Heights

At this week's average 30-year rate of 7.11%, buying the median Broadview Heights home of $316,700 with 20% down costs about $2,340 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,868, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $100,303 for the 20%-down payment. That payment is 27% of the median Broadview Heights household income of $103,125; at that income and 20% down, the 28% guideline points to a home of about $326,000.

The median rent here is $1,083 a month, so owning the median home costs about $1,257 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$63,340
Loan amount$253,360
Principal and interest$1,704
Property taxes (1.91% a year)$504
Homeowners insurance (our estimate, 0.5% a year)$132
PMI$0
Total per month$2,340

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3.5% down, 30-year FHA loan
Down payment$11,084
Loan amount$310,964
Principal and interest$2,092
Property taxes (1.91% a year)$504
Homeowners insurance (our estimate, 0.5% a year)$132
FHA mortgage insurance$140
Total per month$2,868

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Questions about home buying in Broadview Heights

What is the median home value in Broadview Heights?

About $316,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Broadview Heights?

Homeowners pay a median $6,034 a year, which is about 1.91% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Broadview Heights?

For the median home with 20% down at 7.11%, the payment is about $2,340 a month. Keeping that under 28% of gross income takes about $100,303 a year.

More about Broadview Heights

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data