Home Values

Mahoning County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$71,900

  • 3.2% 1-year change
  • 1.7% 1-year forecast

The median home value in Mahoning County is $71,900. Mahoning County home values have gone up 3.2% over the past year and Zillow predicts they will rise 1.7% within the next year. The median list price per square foot in Mahoning County is $61, which is lower than the Youngstown Metro average of $62. The median price of homes currently listed in Mahoning County is $84,500 while the median price of homes that sold is $114,300. The median rent price in Mahoning County is $625.

Foreclosures will be a factor impacting home values in the next several years. In Mahoning County 0.3 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mahoning County is 6.8%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mahoning County homeowners underwater on their mortgage is 19.4%.

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Relative ZHVI
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Mahoning County Market Overview

Data through Sep 30, 2014
  • $71,900 ZHVI
  • 1.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $84,500 Median listing price
  • $114,300 Median sale price
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Mahoning County Market Health

Data through Sep 30, 2014
  • 4.8/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 80 Average days on Zillow (Aug 31, 2014)
  • 19.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.3 homes Mahoning County
4 homes United States
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Cities in Mahoning County

Name Median ZHVI
Canfield $160,900
Berlin Center $151,200
North Lima $139,800
Name Median ZHVI
North Jackson $135,500
Poland $116,600
Mineral Ridge $102,100
Name Median ZHVI
Boardman $91,800
Austintown $80,100
Youngstown $33,100

Listings & Sales

Data through Sep 30, 2014
  • $61 Median list price / sq ft
  • $75 Median sale price / sq ft
  • 40.8% Listings with price cut
24.1%
Sold below listing
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Mahoning County Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $763 Mahoning County
    $798 Youngstown Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $625 Rent list price
  • $0.62 Rent list price / sq ft
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