Minford, OH—45653
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minford, OH
As of Nov '25, the median home price in Minford, OH is $192,000, with a year-over-year change of 8.8%. This indicates that home prices in Minford, OH are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $192,000 | 8.8% |
| Single Family | $193,000 | 9.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $132,000 | 9.1% |
3 Bed | $216,000 | 9.6% |
4 Bed | $285,000 | 7.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Minford, OH
Minford, 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 — Minford, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Minford, OH is 43. This is a decrease of -41.0% 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 | $285,000 | 20.0% |
Listing Count | 8 | 12.0% |
| Listings as % of Homes | 0.4% | 12.0% |
Days on Market | 43 | -41.0% |
Demographics — Minford, OH
As of the latest ACS Survey released in 2023, Minford, OH has a population of 3,740, which has decreased by -1.1% over the past 5 years. Minford, OH is a popular place for families, as children make up 30.2% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,740 | -1.1% |
% Under 18 | 30.2% | 49.5% |
% Seniors | 16.3% | -4.7% |
% WFH | 8.4% | 663.6% |
% w/ College Degree | 25.7% | 50.3% |
As of the latest ACS Survey released in 2023, Minford, OH is a predominantly white area, with 98.0% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Minford, OH is asian, making up 0.6% of the population. Foreign-born residents account for 0.0% of the population in Minford, OH, 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 | 98.0% | -0.5% |
% Black | 0.5% | 150.0% |
% Hispanic | 0.0% | N/A |
% Asian | 0.6% | ∞% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Minford, OH
According to HUD data as of 2023, there were 71 mortgage originations in Minford, OH, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Minford, OH. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Rentals and Section 8 — Minford, OH
Minford, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% 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 | $840 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Minford, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $192,000 |
| Median Household Income | $78,600 |