Monroeville, OH—44847
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Monroeville, OH
As of Nov '25, the median home price in Monroeville, OH is $201,000, with a year-over-year change of 4.7%. This indicates that home prices in Monroeville, 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 | $201,000 | 4.7% |
| Single Family | $201,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $167,000 | 5.0% |
3 Bed | $211,000 | 5.0% |
4 Bed | $237,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Monroeville, OH
As of July '25, Rentcast reports the average rent in Monroeville, OH is $1,000, with a year-over-year rent change of -36.7%. Per bedroom, the median rent as of July '25 in Monroeville, OH is 2-bedrooms: $1,000. The most common rental property sizes in Monroeville, OH are 3-bedroom and 2-bedroom, accounting for 36.4% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Monroeville, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Monroeville, OH is 73. This is a increase of 167.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $210,000 | -4.0% |
Listing Count | 9 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 73 | 167.0% |
Demographics — Monroeville, OH
As of the latest ACS Survey released in 2023, Monroeville, OH has a population of 3,570, which has increased by 6.7% over the past 5 years. Monroeville, OH is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 17.0% 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 | 3,570 | 6.7% |
% Under 18 | 25.0% | 11.1% |
% Seniors | 19.2% | 7.3% |
% WFH | 3.9% | 550.0% |
% w/ College Degree | 17.0% | 51.8% |
As of the latest ACS Survey released in 2023, Monroeville, OH is a predominantly white area, with 93.4% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Monroeville, OH is hispanic, making up 2.2% of the population. Foreign-born residents account for 0.8% of the population in Monroeville, OH, and this percentage has increased by 700.0% 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 | 93.4% | -4.5% |
% Black | 0.3% | ∞% |
% Hispanic | 2.2% | 22.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.8% | 700.0% |
Mortgage and Risk — Monroeville, OH
According to HUD data as of 2023, there were 45 mortgage originations in Monroeville, OH, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Monroeville, OH. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 18.0% |
Rentals and Section 8 — Monroeville, OH
Monroeville, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | $40 | $1,000 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Monroeville, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $201,000 |
| Median Household Income | $74,700 |