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Minerva Park, OH—43231

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$265,000
1.2% YoY Growth
Household Income
$75,100
52.3% YoY Growth
Days on Market
71
112.0% Longer YoY
Home Price Forecast
2.1%
Median Rent
$1,680
1.1% YoY Growth
1-Bed Rent
$965
19.6% YoY Growth
2-Bed Rent
$1,480
9.6% YoY Growth
3-Bed Rent
$1,750
1.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Minerva Park, OH

As of Dec '25, the median home price in Minerva Park, OH is $265,000, with a year-over-year change of 1.2%. This indicates that home prices in Minerva Park, OH are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$265,0001.2%
Single Family $298,0001.0%
Condos $155,000-1.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$155,000-1.3%
    3 Bed
    		$292,0001.4%
    4 Bed
    		$332,0001.5%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.7%
    1 Bedroom
    7.9%
    2 Bedrooms
    36.0%
    3 Bedrooms
    38.9%
    4 Bedrooms
    12.6%
    5+ Bedrooms
    1.8%

    Rental Trends — Minerva Park, OH

    As of July '25, Rentcast reports the average rent in Minerva Park, OH is $1,790, with a year-over-year rent change of 1.1%. Per bedroom, the median rent as of July '25 in Minerva Park, OH is 1-bedrooms: $1,070, 2-bedrooms: $1,480, 3-bedrooms: $1,950, 4-bedrooms: $2,640. The most common rental property sizes in Minerva Park, OH are 2-bedroom and 1-bedroom, accounting for 59.4% and 15.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,680$1,790
    Studio Rent N/AN/A
    1 Bed Rent $965$1,070
    2 Bed Rent $1,480$1,480
    3 Bed Rent $1,750$1,950
    4 Bed Rent $2,550$2,640
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    % of Rental Stock

    Studio
    2.9%
    1 Bedroom
    15.2%
    2 Bedrooms
    59.4%
    3 Bedrooms
    13.5%
    4 Bedrooms
    9.0%

    Property Listings — Minerva Park, OH

    As of Dec '25, Realtor.com reports that the median days on market for a home in Minerva Park, OH is 67. This is a increase of 124.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$304,0005.0%
    Listing Count
    		4258.0%
    Listings as % of Homes0.2%58.0%
    Days on Market
    		71112.0%
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    Demographics — Minerva Park, OH

    As of the latest ACS Survey released in 2023, Minerva Park, OH has a population of 22,700, which has increased by 4.1% over the past 5 years. Minerva Park, OH is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		22,7004.1%
    % Under 18
    		25.4%-13.0%
    % Seniors
    		12.1%18.6%
    % WFH
    		14.5%222.2%
    % w/ College Degree
    		31.0%11.9%
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    As of the latest ACS Survey released in 2023, Minerva Park, OH is a predominantly black area, with 39.2% of the population identifying as black. The black population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Minerva Park, OH is white, making up 38.2% of the population. Foreign-born residents account for 26.3% of the population in Minerva Park, OH, and this percentage has increased by 26.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		38.2%-9.5%
    % Black
    		39.2%-6.7%
    % Hispanic
    		7.9%-4.8%
    % Asian
    		8.3%72.9%
    % Foreign Born
    		26.3%26.4%
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    Mortgage and Risk — Minerva Park, OH

    According to HUD data as of 2023, there were 366 mortgage originations in Minerva Park, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Minerva Park, OH. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		366
    % Conventional Loans
    		84.0%
    % Government Loans
    		16.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		17.0%
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    Rentals and Section 8 — Minerva Park, OH

    As of 2024, the percent of homes in Minerva Park, OH under the Section 8 program is 7.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Minerva Park, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		292
    Total Units Section 8
    		274
    % Rentals under Section 8
    		7.3%
    % Occupied Section 8
    		85.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$185$965$1,150
    2 Bedroom-$90$1,480$1,390
    3 Bedroom-$80$1,750$1,670
    4 Bedroom-$680$2,550$1,870

    Affordability — Minerva Park, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$265,000
    Median Household Income$75,100

    Minerva Park, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Forest Park East, Columbus, OH

    43229

    North Linden, Columbus, OH

    43224

    Westerville, OH

    43081

    Easton, Columbus, OH

    43219

    South Linden, Columbus, OH

    43211

    Frequently Asked Questions