Mogadore, OH44260

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$249,000
4.5% YoY Growth
Median Household Income
$75,300
14.9% 5-Year Growth
Days on Market
22
3.0% Longer than last year
Home Price Forecast
1.8%
Median Rent
$750
47.9% YoY Growth
1-Bed Rent
$750
2.7% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,300
N/A

Property Listings — Mogadore, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Mogadore, OH is 22. This is a increase of 3.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$242,000-16.0%
Listing Count
3655.0%
Listings as % of Homes0.3%55.0%
Days on Market
223.0%
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Demographics — Mogadore, OH

As of the latest ACS Survey released in 2023, Mogadore, OH has a population of 12,700, which has decreased by -3.3% over the past 5 years. Mogadore, OH is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,700-3.3%
% Under 18
17.4%-11.7%
% Seniors
24.2%33.0%
% WFH
13.5%121.3%
% w/ College Degree
25.6%-1.9%
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As of the latest ACS Survey released in 2023, Mogadore, OH is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Mogadore, OH is hispanic, making up 1.0% of the population. Foreign-born residents account for 1.6% of the population in Mogadore, OH, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.0%-3.4%
% Black
0.1%∞%
% Hispanic
1.0%-28.6%
% Asian
0.0%N/A
% Foreign Born
1.6%100.0%
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Mortgage and Risk — Mogadore, OH

According to HUD data as of 2023, there were 252 mortgage originations in Mogadore, OH, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Mogadore, OH. Investor activity is low, as 1.0% 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
252
% Conventional Loans
77.0%
% Government Loans
23.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Mogadore, OH

Mogadore, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
13
Total Units Section 8
13
% Rentals under Section 8
2.1%
% Occupied Section 8
80.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$140$750$890
2 BedroomN/AN/A$1,150
3 Bedroom$120$1,300$1,420
4 BedroomN/AN/A$1,530

Affordability — Mogadore, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$249,000
Median Household Income$75,300

Mogadore, OH — ZIP Code Boundary Map

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Frequently Asked Questions