Millersburg, OH—44654
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millersburg, OH
Millersburg, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $354,000 | 4.5% |
| Single Family | $361,000 | 4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $309,000 | 3.7% |
3 Bed | $347,000 | 3.6% |
4 Bed | $440,000 | 4.5% |
| 5 Bed | $519,000 | 5.3% |
% of Housing Stock
Rental Trends — Millersburg, OH
As of July '25, Rentcast reports the average rent in Millersburg, OH is $741, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Millersburg, OH is 1-bedrooms: $741. The most common rental property sizes in Millersburg, OH are 2-bedroom and 3-bedroom, accounting for 40.9% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $682 | $741 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $682 | $741 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Millersburg, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Millersburg, OH is 57. This is a increase of 18.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | 11.0% |
Listing Count | 43 | -20.0% |
| Listings as % of Homes | 0.3% | -20.0% |
Days on Market | 57 | 18.0% |
Demographics — Millersburg, OH
As of the latest ACS Survey released in 2023, Millersburg, OH has a population of 20,300, which has decreased by -3.4% over the past 5 years. Millersburg, OH is a popular place for families, as children make up 29.2% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,300 | -3.4% |
% Under 18 | 29.2% | -7.6% |
% Seniors | 14.9% | 24.2% |
% WFH | 5.8% | -30.1% |
% w/ College Degree | 14.7% | 36.1% |
As of the latest ACS Survey released in 2023, Millersburg, OH is a predominantly white area, with 97.3% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Millersburg, OH is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.7% of the population in Millersburg, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.3% | 0.2% |
% Black | 0.3% | 200.0% |
% Hispanic | 1.3% | 8.3% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 0.7% | 0.0% |
Mortgage and Risk — Millersburg, OH
According to HUD data as of 2023, there were 124 mortgage originations in Millersburg, OH, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Millersburg, OH. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 124 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Millersburg, OH
Millersburg, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$2 | $682 | $680 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,090 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Millersburg, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $354,000 |
| Median Household Income | $75,200 |