Mansfield housing market

Seller's marketMansfield, OH metro areaData through Sep 2026
Typical home value
$199K
▲ 6.0% 1 yr
Typical rent
$894/mo
▲ 4.8% 1 yr
12-month forecast
+4.9%
#17 of 546 metros
Gross rent yield
5.4%
#356 of 546 · U.S. 6.3%
Days to pending
30 days
■ 0 days 1 yr
Listings with a price cut
26%
▼ −4.8 pts 1 yr

Key takeaways

  • 1The typical home is worth $198,722, up 6.0% in a year and up 41% over five years.
  • 2Zillow forecasts home values rising 4.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $894/mo (+4.8% YoY), a 5.4% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,092/mo in principal and interest, $198 more than renting.
  • 5Homes go under contract in 30 days (0 days vs last year); 26% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 57/100, #63 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $199K
$95K$127K$159K$192K2016201920222025
Typical monthly rent
Latest $894
$733$784$836$8872023202420252026

How fast homes are selling

Days to go under contract
Latest 30
1525364620222023202420252026
Share of listings with a price cut
Latest 26.5%
10.8%17.5%24.2%31.0%20182020202220242026
Homes for sale vs new listings
Latest 389
For saleNew listings
9821332844320182020202220242026
Share of homes sold above list price
Latest 34.1%
24.9%32.4%39.8%47.3%2023202420252026

Affordability

Household income needed to buy vs rent
Latest $56K
To buy (20% down)To rent
$24K$34K$44K$54K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Mansfield compares

MeasureMansfieldUnited StatesRank of 546
Home value, 1-yr change+6.0%+1.2%#38
Home value, 5-yr change+40.6%+19.7%
12-month forecast+4.9%+1.1%#17
Rent, 1-yr change+4.8%+2.7%#126
Gross rent yield5.4%6.3%#356
Price-to-rent ratio18.515.8
Mortgage P&I on typical home$1,092$2,012
Income needed to buy$56,440$100,902
Days to pending3056

Cities in the Mansfield metro

1 cities with home value and rent data.

Mansfield$153K▲ 4.9%$852▲ 5.8%6.7%

Run the numbers

Renting out a property in Ohio? See deposit limits, late fee rules and notice periods.

Other Ohio metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.