Millbury, OH—43447
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millbury, OH
As of Oct '25, the median home price in Millbury, OH is $217,000, with a year-over-year change of -1.7%. This indicates that home prices in Millbury, OH are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | -1.7% |
| Single Family | $217,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $164,000 | 1.2% |
3 Bed | $248,000 | 3.3% |
4 Bed | $279,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millbury, OH
Millbury, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Millbury, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Millbury, OH is 35. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -19.0% |
Listing Count | 10 | 25.0% |
| Listings as % of Homes | 0.5% | 25.0% |
Days on Market | 35 | -22.0% |
Demographics — Millbury, OH
As of the latest ACS Survey released in 2023, Millbury, OH has a population of 3,160, which has decreased by -13.2% over the past 5 years. Millbury, OH is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,160 | -13.2% |
% Under 18 | 23.1% | -7.2% |
% Seniors | 17.9% | -11.8% |
% WFH | 2.3% | 4.5% |
% w/ College Degree | 25.7% | 63.7% |
As of the latest ACS Survey released in 2023, Millbury, OH is a predominantly white area, with 92.2% of the population identifying as white. The white population has grown by 5.0% in the last 5 years. The second most common race or ethnicity in Millbury, OH is asian, making up 1.5% of the population. Foreign-born residents account for 1.6% of the population in Millbury, OH, and this percentage has decreased by 44.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.2% | 5.0% |
% Black | 0.3% | -91.4% |
% Hispanic | 1.5% | -78.3% |
% Asian | 1.5% | 114.3% |
% Foreign Born | 1.6% | -44.8% |
Mortgage and Risk — Millbury, OH
Millbury, OH lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Millbury, OH
Millbury, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | -$60 | $1,200 | $1,140 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Millbury, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $217,000 |
| Median Household Income | $81,800 |