Mechanicsburg, OH—43044
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mechanicsburg, OH
As of Oct '25, the median home price in Mechanicsburg, OH is $266,000, with a year-over-year change of 3.8%. This indicates that home prices in Mechanicsburg, OH are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $266,000 | 3.8% |
| Single Family | $266,000 | 4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $197,000 | 6.5% |
3 Bed | $274,000 | 4.2% |
4 Bed | $341,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mechanicsburg, OH
Mechanicsburg, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mechanicsburg, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Mechanicsburg, OH is 30. This is a increase of 66.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $254,000 | 35.0% |
Listing Count | 14 | 23.0% |
| Listings as % of Homes | 0.3% | 23.0% |
Days on Market | 30 | 66.0% |
Demographics — Mechanicsburg, OH
As of the latest ACS Survey released in 2023, Mechanicsburg, OH has a population of 4,970, which has increased by 2.2% over the past 5 years. Mechanicsburg, OH is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,970 | 2.2% |
% Under 18 | 19.4% | -6.3% |
% Seniors | 19.1% | 14.4% |
% WFH | 15.1% | 788.2% |
% w/ College Degree | 15.7% | 11.3% |
As of the latest ACS Survey released in 2023, Mechanicsburg, OH is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Mechanicsburg, OH is hispanic, making up 2.5% of the population. Foreign-born residents account for 2.5% of the population in Mechanicsburg, OH, and this percentage has increased by 733.3% 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 | 94.2% | -1.7% |
% Black | 1.5% | 36.4% |
% Hispanic | 2.5% | 733.3% |
% Asian | 0.2% | ∞% |
% Foreign Born | 2.5% | 733.3% |
Mortgage and Risk — Mechanicsburg, OH
According to HUD data as of 2023, there were 61 mortgage originations in Mechanicsburg, OH, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Mechanicsburg, OH. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Mechanicsburg, OH
Mechanicsburg, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 51 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Mechanicsburg, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $266,000 |
| Median Household Income | $68,100 |