Mendon, OH—45862
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mendon, OH
As of Nov '25, the median home price in Mendon, OH is $174,000, with a year-over-year change of 3.5%. This indicates that home prices in Mendon, OH are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $174,000 | 3.5% |
| Single Family | $174,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $147,000 | 3.5% |
3 Bed | $197,000 | 3.7% |
4 Bed | $212,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mendon, OH
Mendon, 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 — Mendon, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Mendon, OH is 51. This is a decrease of -40.0% 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 | $375,000 | -10.0% |
Listing Count | 1 | -55.0% |
| Listings as % of Homes | 0.3% | -55.0% |
Days on Market | 51 | -40.0% |
Demographics — Mendon, OH
As of the latest ACS Survey released in 2023, Mendon, OH has a population of 1,180, which has decreased by -22.4% over the past 5 years. Mendon, OH is a moderately popular place for families, as children make up 18.0% of the population. The area has a poorly educated workforce, with 10.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,180 | -22.4% |
% Under 18 | 18.0% | -36.4% |
% Seniors | 27.5% | 76.3% |
% WFH | 7.3% | 1,725.0% |
% w/ College Degree | 10.0% | 37.0% |
As of the latest ACS Survey released in 2023, Mendon, OH is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Mendon, OH is hispanic, making up 1.7% of the population. Foreign-born residents account for 4.1% of the population in Mendon, OH, and this percentage has increased by 485.7% 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 | 93.3% | -2.4% |
% Black | 1.3% | ∞% |
% Hispanic | 1.7% | -22.7% |
% Asian | 0.8% | ∞% |
% Foreign Born | 4.1% | 485.7% |
Mortgage and Risk — Mendon, OH
Mendon, 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 — Mendon, OH
Mendon, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $710 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Mendon, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $174,000 |
| Median Household Income | $38,300 |