Middlebury, Canton, OH—44705
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Middlebury, Canton, OH
As of Oct '25, the median home price in Middlebury, Canton, OH is $95,000, with a year-over-year change of 0.2%. This indicates that home prices in Middlebury, Canton, OH are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $95,000 | 0.2% |
| Single Family | $95,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $58,000 | 0.0% |
2 Bed | $74,000 | 1.4% |
3 Bed | $103,000 | 1.0% |
4 Bed | $181,000 | 5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Middlebury, Canton, OH
As of July '25, Rentcast reports the average rent in Middlebury, Canton, OH is $971, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Middlebury, Canton, OH is studios: $460, 1-bedrooms: $812, 2-bedrooms: $858, 3-bedrooms: $1,120. The most common rental property sizes in Middlebury, Canton, OH are 3-bedroom and 2-bedroom, accounting for 55.7% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $971 |
| Studio Rent | $460 | $460 |
| 1 Bed Rent | $725 | $812 |
| 2 Bed Rent | $825 | $858 |
| 3 Bed Rent | $1,200 | $1,120 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Middlebury, Canton, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Middlebury, Canton, OH is 39. This is a decrease of -17.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $111,000 | -5.0% |
Listing Count | 42 | 36.0% |
| Listings as % of Homes | 0.4% | 36.0% |
Days on Market | 39 | -17.0% |
Demographics — Middlebury, Canton, OH
As of the latest ACS Survey released in 2023, Middlebury, Canton, OH has a population of 17,600, which has decreased by -9.6% over the past 5 years. Middlebury, Canton, OH is a popular place for families, as children make up 27.2% of the population. The area has a poorly educated workforce, with 10.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,600 | -9.6% |
% Under 18 | 27.2% | -4.6% |
% Seniors | 15.1% | 12.7% |
% WFH | 6.8% | 518.2% |
% w/ College Degree | 10.1% | 8.6% |
As of the latest ACS Survey released in 2023, Middlebury, Canton, OH is a predominantly white area, with 58.4% of the population identifying as white. The white population has shrunk by 11.8% in the last 5 years. The second most common race or ethnicity in Middlebury, Canton, OH is black, making up 22.2% of the population. Foreign-born residents account for 2.6% of the population in Middlebury, Canton, OH, and this percentage has increased by 225.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 58.4% | -11.8% |
% Black | 22.2% | -9.4% |
% Hispanic | 9.3% | 322.7% |
% Asian | 0.3% | -50.0% |
% Foreign Born | 2.6% | 225.0% |
Mortgage and Risk — Middlebury, Canton, OH
According to HUD data as of 2023, there were 245 mortgage originations in Middlebury, Canton, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Middlebury, Canton, OH. Investor activity is low, as 7.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 245 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Middlebury, Canton, OH
Middlebury, Canton, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,062 |
Total Units Section 8 | 529 |
% Rentals under Section 8 | 18.5% |
% Occupied Section 8 | 72.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $35 | $725 | $760 |
| 2 Bedroom | $165 | $825 | $990 |
| 3 Bedroom | $40 | $1,200 | $1,240 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Middlebury, Canton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $95,000 |
| Median Household Income | $41,900 |