$42,500
510 Cherry St
Blanchester, OH
Land17,206 sqft lot
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Blanchester, OH Housing Market
Balanced market+4.6% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Blanchester, OH is worth $271,116, rose 4.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $189,900, -18.5% year over year (through May 2026). With 3.1 months of supply and homes going under contract in about 39 days, Blanchester is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $271,116 home is about $1,447/mo in principal and interest.
Key numbers for Blanchester, OH
Typical home value
$271,116
+4.6% in 12 months
Zillow, August 2026
Median sale price
$189,900
-18.5% year over year
Redfin, through May 2026
Days on market
39
Average pace
Redfin, through May 2026
Active listings
22
3.1 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$45,179
Home costs 6.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.1%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Blanchester a buyer's or seller's market?
Balanced market3.1 months of supply39 days on market98.1% of asking
Blanchester, OH is a balanced market, based on 3.1 months of supply and homes selling in about 39 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Blanchester housing market data show?
Every row below is Redfin's final published month for Blanchester, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $189,900 |
| Median list price | $270,000 |
| Year-over-year price change | -18.5% |
| Median price per sq ft | $108/sq ft |
| Median days on market | 39 days |
| Active inventory | 22 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 98.1% |
| Homes sold (that month) | 7 |
| New listings (that month) | 5 |
| Listings with a price cut | 40.9% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Blanchester is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Blanchester is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Blanchester home prices moved?
Over the last three years the median sale price in Blanchester, OH fell 11.7%, from $215,000 to $189,900. The live Zillow value series has rose 4.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 40.9% of Blanchester listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.1 months while the sale-to-list ratio slips below its current 98.1%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Blanchester?
Priced off the typical home value of $271,116 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $54,223 | $216,893 | $1,447/mo |
| 5% | $13,556 | $257,561 | $1,719/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,447, that implies roughly $62,030 a year before you add taxes and insurance. The median household in Blanchester earns $45,179, about $16,851 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Blanchester in the next 12 months?
Tell us your timeline. We send the Blanchester market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Blanchester?
Zillow does not publish a rent index (ZORI) for Blanchester, OH, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Blanchester?
Active listings in Blanchester, OH went from 13 in April 2025 to 22 in May 2026, a +69.2% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| May 2025 | 23 | 13 |
| June 2025 | 16 | 6 |
| July 2025 | 15 | 6 |
| August 2025 | 14 | 5 |
| September 2025 | 11 | 5 |
| October 2025 | 12 | 4 |
| December 2025 | 13 | 4 |
| January 2026 | 14 | 5 |
| February 2026 | 17 | 5 |
| March 2026 | 18 | 7 |
| April 2026 | 25 | 13 |
| May 2026 | 22 | 5 |
Redfin, through May 2026
How does Blanchester compare to Ohio and the U.S.?
Blanchester homes sell for $189,900 — 33% below the Ohio median of $282,600. Against the national median of $410,700, Blanchester runs 54% lower. Year-over-year, Blanchester moved -18.5% against Ohio's +5.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Blanchester, OH | $189,900 | -18.5% | 39 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Blanchester
What buyers should watch
- Months of supply, currently 3.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 40.9%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $271 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $271,116 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Blanchester listing goes under contract in 39 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Blanchester added 5 new listings against 7 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +4.6% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Blanchester varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Blanchester
There are currently 22 homes listed for sale in Blanchester, Ohio. The median listing price is $270K. Featured listings range from $42,500 to $1,199,500.
$74,900
508 Cherry St
Blanchester, OH
Land2.00 acres
View photos & details
$89,900
Gustin Rider
Blanchester, OH
Land2.81 acres
View photos & details
$118,900
6316 Taylor Pike
Blanchester, OH
Land5.01 acres
View photos & details
$249,900
5545 Maple Grove Ave
Blanchester, OH
4 bd2 ba1,056 sqft$237/ft²
House15,002 sqft lot
View photos & details
$265,000
7634 Rosewood Dr
Blanchester, OH
1,725 sqft$154/ft²
Multi-family17,498 sqft lot
View photos & details
$298,000
143 W Fancy St
Blanchester, OH
5 bd3 ba2,386 sqft$125/ft²
House6,447 sqft lot
View photos & details
$324,900
10668 Collins Riley Rd
Blanchester, OH
2 bd1 ba1,040 sqft$312/ft²
House5.00 acres
View photos & details
$325,000
656 W Main St
Blanchester, OH
3 bd2 ba1,894 sqft$172/ft²
House21,475 sqft lot
View photos & details
$339,900
7306 Fairground Rd
Blanchester, OH
3 bd2 ba1,543 sqft$220/ft²
House14,959 sqft lot
View photos & details
$539,000
11246 State Route 730
Blanchester, OH
3 bd2 ba2,340 sqft$230/ft²
House5.21 acres
View photos & details
$1,199,500
2211 Reeder Rd
Blanchester, OH
3 bd5 ba2,944 sqft$407/ft²
House21.06 acres
View photos & details
Looking to buy in Blanchester?
Get connected with a local real estate expert — free, no obligation.
Active listings
22
Homes on market
Median list price
$270K
Avg. days on market
39
Days until sale
New this week
5
Newly listed
Price drops:40.9%of listings
Sale-to-list:98.1%
How much do homes cost in Blanchester by property type?
How the Blanchester, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $189,900 | $108/sq ft | 7 | 39 days |
Who lives in Blanchester?
American Community Survey estimates for Blanchester. U.S. Census ACS, 2023
Population
4,681
Households
1,715
Median income
$45,179/yr
Median age
36.3 years
Owner-occupied
57.9%
Median home value
$160,200
Median gross rent
$833/mo
Mean commute
27.3 min
57.9% of occupied homes in Blanchester are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $160,200 against Zillow's $271,116 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Blanchester?
3 schools tracked · 1,131 students
The largest public schools serving Blanchester, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Putman Elementary School
Grades PK-4 · 472 students
Blanchester Middle School
Grades 5-8 · 346 students
Blanchester High School
Grades 9-12 · 313 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Blanchester, OH?
Ordered by distance from Blanchester, not by size. Compare Blanchester side by side with any of them.
Blanchester housing market FAQ
Is Blanchester a buyer's or seller's market?
Blanchester, OH is currently a balanced market. That read comes from 3.1 months of supply, homes going under contract in about 39 days, and sellers getting 98.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Blanchester?
The typical home in Blanchester, OH is worth $271,116 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $189,900, about $108 per square foot.
Is Blanchester cheaper than the rest of Ohio?
Blanchester's median sale price of $189,900 is 33% lower than the Ohio statewide median of $282,600, and 54% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Blanchester?
Homes in Blanchester, OH spent a median of 39 days on market before going under contract, versus 36 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Blanchester?
At the current 30-year fixed rate of 7.03%, 20% down on a $271,116 home is about $1,447 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $62,030 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $45,179.
Are home prices rising in Blanchester?
The typical home value in Blanchester, OH rose 4.6% over the last 12 months, from $259,143 to $271,116 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Blanchester?
Blanchester ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Blanchester?
That depends on your timeline, not on a headline. What the data says today: Blanchester, OH is a balanced market with 3.1 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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