View in Interactive Map

Mansfield, OH—44902

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$66,000
3.3% YoY Growth
Household Income
$31,600
34.9% YoY Growth
Days on Market
90
30.0% Longer YoY
Home Price Forecast
4.7%
Median Rent
$725
25.6% YoY Growth
1-Bed Rent
$650
50.0% YoY Growth
2-Bed Rent
$725
26.7% YoY Growth
3-Bed Rent
$900
26.9% YoY Growth

Other Zip Codes in Mansfield, OH

44903449074490544906
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Mansfield, OH

As of Dec '25, the median home price in Mansfield, OH is $66,000, with a year-over-year change of -3.3%. This indicates that home prices in Mansfield, OH are decreasing. According to Zillow, the 1-year price projection is 4.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$66,000-3.3%
Single Family $66,000-1.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$59,0001.7%
    3 Bed
    		$68,000-1.4%
    4 Bed
    		$78,0002.6%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.7%
    1 Bedroom
    16.6%
    2 Bedrooms
    29.8%
    3 Bedrooms
    38.4%
    4 Bedrooms
    9.8%
    5+ Bedrooms
    3.8%

    Rental Trends — Mansfield, OH

    As of July '25, Rentcast reports the average rent in Mansfield, OH is $789, with a year-over-year rent change of 25.6%. Per bedroom, the median rent as of July '25 in Mansfield, OH is studios: $575, 1-bedrooms: $693, 2-bedrooms: $788, 3-bedrooms: $957, 4-bedrooms: $895. The most common rental property sizes in Mansfield, OH are 3-bedroom and 1-bedroom, accounting for 28.6% and 27.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$725$789
    Studio Rent $525$575
    1 Bed Rent $650$693
    2 Bed Rent $725$788
    3 Bed Rent $900$957
    4 Bed Rent $895$895
    Loading chart...

    % of Rental Stock

    Studio
    3.2%
    1 Bedroom
    27.8%
    2 Bedrooms
    25.9%
    3 Bedrooms
    28.6%
    4 Bedrooms
    10.2%
    5+ Bedrooms
    4.3%

    Property Listings — Mansfield, OH

    As of Dec '25, Realtor.com reports that the median days on market for a home in Mansfield, OH is 75. This is a increase of 9.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$116,0000.0%
    Listing Count
    		1522.0%
    Listings as % of Homes0.6%22.0%
    Days on Market
    		9030.0%
    Loading chart...

    Demographics — Mansfield, OH

    As of the latest ACS Survey released in 2023, Mansfield, OH has a population of 4,880, which has remained stable by 0.5% over the past 5 years. Mansfield, OH is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 4.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,8800.5%
    % Under 18
    		23.3%-18.8%
    % Seniors
    		11.0%-12.7%
    % WFH
    		2.7%285.7%
    % w/ College Degree
    		4.5%55.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Mansfield, OH is a predominantly white area, with 51.6% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Mansfield, OH is black, making up 34.8% of the population. Foreign-born residents account for 0.6% of the population in Mansfield, OH, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		51.6%-11.9%
    % Black
    		34.8%18.0%
    % Hispanic
    		4.6%-16.4%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.6%∞%
    Loading chart...

    Mortgage and Risk — Mansfield, OH

    According to HUD data as of 2023, there were 10 mortgage originations in Mansfield, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 92.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Mansfield, OH. Investor activity is high, as 20.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		10
    % Conventional Loans
    		70.0%
    % Government Loans
    		30.0%
    % Investor Loans
    		20.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		20.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Mansfield, OH

    As of 2024, the percent of homes in Mansfield, OH under the Section 8 program is 33.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Mansfield, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		376
    Total Units Section 8
    		372
    % Rentals under Section 8
    		33.2%
    % Occupied Section 8
    		89.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$90$650$740
    2 Bedroom$205$725$930
    3 Bedroom$370$900$1,270
    4 Bedroom$575$895$1,470

    Affordability — Mansfield, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.7
    Median Home Price$66,000
    Median Household Income$31,600

    Mansfield, OH — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Mansfield, OH

    44903

    Mansfield, OH

    44907

    Mansfield, OH

    44905

    Mansfield, OH

    44906

    Lucas, OH

    44843

    Frequently Asked Questions