Millersburg—40348
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millersburg
As of Oct '25, the median home price in Millersburg is $149,000, with a year-over-year change of 8.2%. This indicates that home prices in Millersburg are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $149,000 | 8.2% |
| Single Family | $149,000 | 8.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millersburg
As of July '25, Rentcast reports the average rent in Millersburg is $1,400, with a year-over-year rent change of 27.3%. Per bedroom, the median rent as of July '25 in Millersburg is 3-bedrooms: $1,400. The most common rental property sizes in Millersburg are 2-bedroom and studio, accounting for 36.8% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Millersburg
As of Oct '25, Realtor.com reports that the median days on market for a home in Millersburg is 70. This is a decrease of -14.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $261,000 | -14.0% |
Listing Count | 5 | 20.0% |
| Listings as % of Homes | 0.3% | 20.0% |
Days on Market | 70 | -14.0% |
Demographics — Millersburg
As of the latest ACS Survey released in 2023, Millersburg has a population of 522, which has increased by 6.5% over the past 5 years. Millersburg is a less popular place for families, as children make up 14.8% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 522 | 6.5% |
% Under 18 | 14.8% | 25.4% |
% Seniors | 17.4% | -36.3% |
% WFH | 3.9% | ∞% |
% w/ College Degree | 19.7% | -13.2% |
As of the latest ACS Survey released in 2023, Millersburg is a predominantly white area, with 84.5% of the population identifying as white. The white population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in Millersburg is black, making up 10.2% of the population. Foreign-born residents account for 0.0% of the population in Millersburg, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.5% | -12.1% |
% Black | 10.2% | 251.7% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Millersburg
Millersburg lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Millersburg
Millersburg lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | $40 | $1,400 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Millersburg
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $149,000 |
| Median Household Income | $43,600 |