Mineral Ridge, OH—44440
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mineral Ridge, OH
As of Oct '25, the median home price in Mineral Ridge, OH is $195,000, with a year-over-year change of 8.0%. This indicates that home prices in Mineral Ridge, OH are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 8.0% |
| Single Family | $193,000 | 9.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $135,000 | 8.0% |
3 Bed | $206,000 | 7.9% |
4 Bed | $270,000 | 7.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mineral Ridge, OH
As of July '25, Rentcast reports the average rent in Mineral Ridge, OH is $1,150, with a year-over-year rent change of 53.3%. Per bedroom, the median rent as of July '25 in Mineral Ridge, OH is 2-bedrooms: $825, 3-bedrooms: $1,800. The most common rental property sizes in Mineral Ridge, OH are 2-bedroom and 1-bedroom, accounting for 41.0% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $825 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mineral Ridge, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Mineral Ridge, OH is 50. This is a increase of 100.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $215,000 | -14.0% |
Listing Count | 15 | 26.0% |
| Listings as % of Homes | 0.4% | 26.0% |
Days on Market | 50 | 100.0% |
Demographics — Mineral Ridge, OH
As of the latest ACS Survey released in 2023, Mineral Ridge, OH has a population of 4,930, which has remained stable by -0.6% over the past 5 years. Mineral Ridge, OH is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,930 | -0.6% |
% Under 18 | 17.9% | 7.2% |
% Seniors | 26.6% | 15.7% |
% WFH | 2.9% | -27.5% |
% w/ College Degree | 22.3% | 9.9% |
As of the latest ACS Survey released in 2023, Mineral Ridge, OH is a predominantly white area, with 95.2% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Mineral Ridge, OH is hispanic, making up 1.9% of the population. Foreign-born residents account for 0.4% of the population in Mineral Ridge, OH, and this percentage has decreased by 71.4% 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 | 95.2% | -2.2% |
% Black | 0.7% | -50.0% |
% Hispanic | 1.9% | 90.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -71.4% |
Mortgage and Risk — Mineral Ridge, OH
According to HUD data as of 2023, there were 131 mortgage originations in Mineral Ridge, OH, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Mineral Ridge, OH. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 131 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Mineral Ridge, OH
Mineral Ridge, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 52 |
Total Units Section 8 | 52 |
% Rentals under Section 8 | 12.2% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | $80 | $800 | $880 |
| 3 Bedroom | -$630 | $1,800 | $1,170 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Mineral Ridge, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $195,000 |
| Median Household Income | $67,800 |