Mason, OH—45040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mason, OH
As of Oct '25, the median home price in Mason, OH is $493,000, with a year-over-year change of 4.4%. This indicates that home prices in Mason, OH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $493,000 | 4.4% |
| Single Family | $548,000 | 4.0% |
| Condos | $297,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $278,000 | 2.6% |
3 Bed | $352,000 | 4.1% |
4 Bed | $608,000 | 4.3% |
| 5 Bed | $860,000 | 2.5% |
% of Housing Stock
Rental Trends — Mason, OH
As of July '25, Rentcast reports the average rent in Mason, OH is $2,700, with a year-over-year rent change of -3.6%. Per bedroom, the median rent as of July '25 in Mason, OH is 1-bedrooms: $1,370, 2-bedrooms: $2,160, 3-bedrooms: $2,350, 4-bedrooms: $3,310. The most common rental property sizes in Mason, OH are 2-bedroom and 3-bedroom, accounting for 46.6% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,370 |
| 2 Bed Rent | $2,100 | $2,160 |
| 3 Bed Rent | $2,300 | $2,350 |
| 4 Bed Rent | $3,290 | $3,310 |
% of Rental Stock
Property Listings — Mason, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Mason, OH is 36. 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $566,000 | -23.0% |
Listing Count | 206 | 49.0% |
| Listings as % of Homes | 0.3% | 49.0% |
Days on Market | 36 | 3.0% |
Demographics — Mason, OH
As of the latest ACS Survey released in 2023, Mason, OH has a population of 58,100, which has increased by 6.7% over the past 5 years. Mason, OH is a popular place for families, as children make up 25.6% of the population. The area has a highly educated workforce, with 64.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 58,100 | 6.7% |
% Under 18 | 25.6% | -6.6% |
% Seniors | 13.2% | 10.0% |
% WFH | 21.5% | 175.6% |
% w/ College Degree | 64.9% | 5.2% |
As of the latest ACS Survey released in 2023, Mason, OH is a predominantly white area, with 69.7% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Mason, OH is asian, making up 18.7% of the population. Foreign-born residents account for 19.8% of the population in Mason, OH, and this percentage has increased by 20.7% 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 | 69.7% | -6.4% |
% Black | 4.1% | 41.4% |
% Hispanic | 3.4% | 0.0% |
% Asian | 18.7% | 9.4% |
% Foreign Born | 19.8% | 20.7% |
Mortgage and Risk — Mason, OH
According to HUD data as of 2023, there were 984 mortgage originations in Mason, OH, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Mason, OH. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 984 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Mason, OH
As of 2024, the percent of homes in Mason, OH under the Section 8 program is 2.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Mason, OH, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 106 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 89.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,400 | $1,490 |
| 2 Bedroom | -$170 | $2,100 | $1,930 |
| 3 Bedroom | $260 | $2,300 | $2,560 |
| 4 Bedroom | -$460 | $3,290 | $2,830 |
Affordability — Mason, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $493,000 |
| Median Household Income | $132,000 |