Minster, OH45865

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$322,000
8.7% YoY Growth
Median Household Income
$92,000
21.8% 5-Year Growth
Days on Market
58
36.0% Shorter than last year
Home Price Forecast
2.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Minster, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Minster, OH is 58. This is a decrease of -36.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$335,00050.0%
Listing Count
5-35.0%
Listings as % of Homes0.4%-35.0%
Days on Market
58-36.0%
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Demographics — Minster, OH

As of the latest ACS Survey released in 2023, Minster, OH has a population of 5,420, which has increased by 10.4% over the past 5 years. Minster, OH is a popular place for families, as children make up 29.3% of the population. The area has a moderately educated workforce, with 32.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,42010.4%
% Under 18
29.3%20.1%
% Seniors
18.3%-5.2%
% WFH
6.4%77.8%
% w/ College Degree
32.5%9.1%
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As of the latest ACS Survey released in 2023, Minster, OH is a predominantly white area, with 98.0% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Minster, OH is asian, making up 0.6% of the population. Foreign-born residents account for 1.2% of the population in Minster, OH, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.0%0.4%
% Black
0.3%-57.1%
% Hispanic
0.4%100.0%
% Asian
0.6%-33.3%
% Foreign Born
1.2%50.0%
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Mortgage and Risk — Minster, OH

According to HUD data as of 2023, there were 42 mortgage originations in Minster, OH, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Minster, OH. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
42
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Minster, OH

Minster, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$690
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,230
4 BedroomN/AN/A$1,430

Affordability — Minster, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$322,000
Median Household Income$92,000

Minster, OH — ZIP Code Boundary Map

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Frequently Asked Questions