Greenfield, OH45123

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$166,000
4.2% YoY Growth
Median Household Income
$60,600
41.9% 5-Year Growth
Days on Market
58
14.0% Longer than last year
Home Price Forecast
N/A
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 — Greenfield, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Greenfield, OH is 58. This is a increase of 14.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$212,00041.0%
Listing Count
14-43.0%
Listings as % of Homes0.4%-43.0%
Days on Market
5814.0%
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Demographics — Greenfield, OH

As of the latest ACS Survey released in 2023, Greenfield, OH has a population of 8,740, which has remained stable by 0.0% over the past 5 years. Greenfield, OH is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
8,7400.0%
% Under 18
25.2%13.5%
% Seniors
15.2%-20.4%
% WFH
4.9%69.0%
% w/ College Degree
13.4%15.5%
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As of the latest ACS Survey released in 2023, Greenfield, OH is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Greenfield, OH is black, making up 2.4% of the population. Foreign-born residents account for 0.4% of the population in Greenfield, OH, and this percentage has decreased by 66.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.9%-1.6%
% Black
2.4%-20.0%
% Hispanic
1.2%-36.8%
% Asian
0.2%-75.0%
% Foreign Born
0.4%-66.7%
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Mortgage and Risk — Greenfield, OH

According to HUD data as of 2023, there were 107 mortgage originations in Greenfield, OH, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Greenfield, OH. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
107
% Conventional Loans
66.0%
% Government Loans
34.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Greenfield, OH

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

Section 8 Market Size

Total Units under HUD
112
Total Units Section 8
112
% Rentals under Section 8
N/A
% Occupied Section 8
81.7%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,070
4 BedroomN/AN/A$1,360

Affordability — Greenfield, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.3
Median Home Price$166,000
Median Household Income$60,600

Greenfield, OH — ZIP Code Boundary Map

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Frequently Asked Questions