Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$198,722+6.0% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$43,079About 0.7× the local median income ($66,025): affordable for a typical household
Days on market45 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+4.9%Zillow expects prices to rise strongly
The typical home in Mansfield, OH is worth $198,722, up 6.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $160,574, so the area is 23.8% overvalued. It is a balanced market, leaning toward sellers: homes take about 45 days to sell, listings are up 5% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 4.9% over the next year. A household needs about $43,079 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,025. Typical rent is $894 a month, or $1,281 for a house. In the latest IRS figures, 201 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$198,722
Change in 1 year
+6.0%
Overvalued %
+23.8%
Show 7 more
Fair home value
$160,574
Change in 5 years
+40.6%
Zillow forecast, next 12 months
+4.9%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$1,077
Income needed to afford it
$43,079
Property tax rate
1.25%
Rent and investing
Typical rent
$894
Typical rent for houses
$1,281
Price-to-rent ratio
18.5×
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HUD Fair Market Rent, 2 bedrooms
$1,035
Gross rental yield
5.40%
Cap rate (estimate)
3.51%
Market activity
Listings vs a year ago
+5.1%
Days on market
45
Listings with a price cut
24.8%
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Homes for sale
246
Pending sales per 100 listings
49
Asking price per sq ft
$141
People and jobs
Median household income
$66,025
Population change (1 year)
−0.1%
Unemployment rate
5.4%
Show 4 more
Population
124,893
Income adjusted for cost of living
$74,269
Net moves in (IRS)
+201
Cost of living (US = 100)
88.9
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
61.3
Flood risk score
71.6
Show 3 more
Wildfire risk score
35.6
Walkability (1 to 20)
6.3
Road, rail and air noise
53 dB
Questions people ask
Is Mansfield, OH overvalued?
Home prices in Mansfield, OH are well above what local incomes have historically supported: fair value is about $160,574, so the area is 23.8% overvalued.
Is Mansfield, OH a buyer's or seller's market?
Mansfield, OH is a balanced market, leaning toward sellers: homes take about 45 days to sell, listings are up 5% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Mansfield, OH?
Home values in Mansfield, OH are up 6.0% over the last year. Zillow's forecast for the next 12 months is +4.9%.
How much do you need to earn to buy a home in Mansfield, OH?
A household needs about $43,079 a year to afford the typical home in Mansfield, OH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,025.