Millfield, OH—45761
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millfield, OH
As of Nov '25, the median home price in Millfield, OH is $134,000, with a year-over-year change of -4.1%. This indicates that home prices in Millfield, OH are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $134,000 | -4.1% |
| Single Family | $134,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millfield, OH
Millfield, 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 — Millfield, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Millfield, OH is 21. This is a decrease of -52.0% 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 | $65,000 | -26.0% |
Listing Count | 1 | -43.0% |
| Listings as % of Homes | 0.1% | -43.0% |
Days on Market | 21 | -52.0% |
Demographics — Millfield, OH
As of the latest ACS Survey released in 2023, Millfield, OH has a population of 1,320, which has decreased by -28.2% over the past 5 years. Millfield, OH is a less popular place for families, as children make up 5.5% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,320 | -28.2% |
% Under 18 | 5.5% | -77.5% |
% Seniors | 22.2% | 60.9% |
% WFH | 2.3% | 187.5% |
% w/ College Degree | 26.3% | 17.4% |
Millfield, OH lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.0% | -0.4% |
% Black | 0.2% | ∞% |
% Hispanic | 0.6% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Millfield, OH
Millfield, OH lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Millfield, OH
Millfield, 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 | $760 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Millfield, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $134,000 |
| Median Household Income | $60,400 |