Mingo Junction, OH—43938
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mingo Junction, OH
As of Nov '25, the median home price in Mingo Junction, OH is $86,000, with a year-over-year change of 1.2%. This indicates that home prices in Mingo Junction, 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 | $86,000 | 1.2% |
| Single Family | $86,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $63,000 | -1.6% |
3 Bed | $115,000 | 3.6% |
4 Bed | $124,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mingo Junction, OH
As of July '25, Rentcast reports the average rent in Mingo Junction, OH is $700, with a year-over-year rent change of -6.7%. Per bedroom, the median rent as of July '25 in Mingo Junction, OH is 2-bedrooms: $700. The most common rental property sizes in Mingo Junction, OH are 3-bedroom and 2-bedroom, accounting for 49.0% and 21.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $575 | $700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $575 | $700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mingo Junction, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Mingo Junction, OH is 53. This is a decrease of -19.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $115,000 | 11.0% |
Listing Count | 28 | 217.0% |
| Listings as % of Homes | 0.8% | 217.0% |
Days on Market | 53 | -19.0% |
Demographics — Mingo Junction, OH
As of the latest ACS Survey released in 2023, Mingo Junction, OH has a population of 5,450, which has increased by 2.4% over the past 5 years. Mingo Junction, OH is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,450 | 2.4% |
% Under 18 | 20.6% | 29.6% |
% Seniors | 19.2% | -9.9% |
% WFH | 3.3% | -49.2% |
% w/ College Degree | 13.0% | -34.0% |
As of the latest ACS Survey released in 2023, Mingo Junction, OH is a predominantly white area, with 94.5% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Mingo Junction, OH is black, making up 0.5% of the population. Foreign-born residents account for 0.6% of the population in Mingo Junction, OH, and this percentage has decreased by 50.0% 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 | 94.5% | 0.0% |
% Black | 0.5% | -54.5% |
% Hispanic | 0.3% | -81.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.6% | -50.0% |
Mortgage and Risk — Mingo Junction, OH
According to HUD data as of 2023, there were 37 mortgage originations in Mingo Junction, OH, of which 49.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Mingo Junction, OH. Investor activity is low, as 5.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 37 |
% Conventional Loans | 49.0% |
% Government Loans | 51.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Rentals and Section 8 — Mingo Junction, OH
Mingo Junction, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 107 |
Total Units Section 8 | 107 |
% Rentals under Section 8 | 20.1% |
% Occupied Section 8 | 90.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | $365 | $575 | $940 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Mingo Junction, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.3 |
| Median Home Price | $86,000 |
| Median Household Income | $57,500 |