$239,500
5111 W Middletown Rd
Canfield, OH
2 bd2 ba1,152 sqft$208/ft²
House29,882 sqft lot
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Compass Real Estate · Canfield, OH
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Canfield, OH(512) 555-0184TX License #0512847
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Canfield, OH Housing Market
Balanced market+3.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Canfield, OH is worth $330,246, rose 3.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $325,000, +5.7% year over year (through May 2026). With 3.7 months of supply and homes going under contract in about 32 days, Canfield is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $330,246 home is about $1,763/mo in principal and interest.
Key numbers for Canfield, OH
Typical home value
$330,246
+3.9% in 12 months
Zillow, August 2026
Typical asking rent
$1,350/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$325,000
+5.7% year over year
Redfin, through May 2026
Days on market
32
Average pace
Redfin, through May 2026
Active listings
33
3.7 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
$97,730
Home costs 3.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.0%
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 Canfield a buyer's or seller's market?
Balanced market3.7 months of supply32 days on market98.0% of asking
Canfield, OH is a balanced market, based on 3.7 months of supply and homes selling in about 32 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 Canfield housing market data show?
Every row below is Redfin's final published month for Canfield, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $325,000 |
| Median list price | $374,000 |
| Year-over-year price change | +5.7% |
| Median price per sq ft | $197/sq ft |
| Median days on market | 32 days |
| Active inventory | 33 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 98.0% |
| Homes sold (that month) | 9 |
| New listings (that month) | 17 |
| Listings with a price cut | 9.1% |
| 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 Canfield is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Canfield 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 Canfield home prices moved?
Over the last three years the median sale price in Canfield, OH rose 35.4%, from $240,000 to $325,000. The live Zillow value series has rose 3.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 9.1% of Canfield listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.7 months while the sale-to-list ratio slips below its current 98.0%. 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 Canfield?
Priced off the typical home value of $330,246 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% | $66,049 | $264,196 | $1,763/mo |
| 5% | $16,512 | $313,733 | $2,094/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 $1,763, that implies roughly $75,558 a year before you add taxes and insurance. The median household in Canfield earns $97,730, about $22,172 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.4x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Canfield in the next 12 months?
Tell us your timeline. We send the Canfield 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 Canfield?
Typical asking rent in Canfield, OH is $1,350/mo, against a typical home value of $330,246. That is a price-to-rent ratio of 20.4x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $1,763 a month — $413 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Canfield?
Active listings in Canfield, OH went from 30 in May 2025 to 33 in May 2026, a +10.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 33 | 14 |
| July 2025 | 31 | 13 |
| August 2025 | 29 | 8 |
| September 2025 | 24 | 7 |
| October 2025 | 23 | 15 |
| November 2025 | 36 | 24 |
| December 2025 | 27 | 3 |
| January 2026 | 24 | 5 |
| February 2026 | 21 | 7 |
| March 2026 | 26 | 10 |
| April 2026 | 32 | 17 |
| May 2026 | 33 | 17 |
Redfin, through May 2026
How does Canfield compare to Ohio and the U.S.?
Canfield homes sell for $325,000 — 15% above the Ohio median of $282,600. Against the national median of $410,700, Canfield runs 21% lower. Year-over-year, Canfield moved +5.7% against Ohio's +5.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Canfield, OH | $325,000 | +5.7% | 32 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 Canfield
What buyers should watch
- Months of supply, currently 3.7. 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 9.1%. 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 $331 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 $330,246 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 Canfield listing goes under contract in 32 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 98.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Canfield added 17 new listings against 9 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +3.9% 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 Canfield varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Canfield
There are currently 33 homes listed for sale in Canfield, Ohio. The median listing price is $374K. Featured listings range from $239,500 to $1,500,000.
$259,900
6465 St Andrews Dr Unit 6
Canfield, OH
2 bd3 ba1,566 sqft$166/ft²
Condo
View photos & details
$285,000
181 Talsman Dr Unit B
Canfield, OH
2 bd2 ba1,541 sqft$185/ft²
Condo2,374 sqft lot
View photos & details
$299,000
523 Janet Dr
Canfield, OH
3 bd3 ba1,720 sqft$174/ft²
House11,979 sqft lot
View photos & details
$393,000
264 W Main St
Canfield, OH
4 bd3 ba3,360 sqft$117/ft²
House21,824 sqft lot
View photos & details
$425,000
190 Chapel Ln
Canfield, OH
4 bd3 ba3,840 sqft$111/ft²
House17,293 sqft lot
View photos & details
$429,900
317 Verdant Ln
Canfield, OH
4 bd3 ba2,704 sqft$159/ft²
House21,998 sqft lot
View photos & details
$489,900
3641 Mercedes Pl Unit 6C
Canfield, OH
3 bd3 ba3,886 sqft$126/ft²
Condo
View photos & details
$550,000
7700 Meadowood Dr
Canfield, OH
4 bd3 ba3,424 sqft$161/ft²
House1.75 acres
View photos & details
$585,000
4849 My Way
Canfield, OH
5 bd4 ba3,495 sqft$167/ft²
House18,121 sqft lot
View photos & details
$685,000
5315 Cloisters Dr
Canfield, OH
4 bd4 ba3,591 sqft$191/ft²
House29,185 sqft lot
View photos & details
$1,500,000
6624 Covington Cv
Canfield, OH
4 bd4 ba0 sqft0
House3.08 acres
View photos & details
Looking to buy in Canfield?
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Active listings
33
Homes on market
Median list price
$374K
Avg. days on market
32
Days until sale
New this week
17
Newly listed
Price drops:9.1%of listings
Sale-to-list:98.0%
How much do homes cost in Canfield by property type?
How the Canfield, 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 | $362,000 | $195/sq ft | 7 | 32 days |
| Condo / co-op | $304,000 | $223/sq ft | 2 | 28 days |
Who lives in Canfield?
American Community Survey estimates for Canfield. U.S. Census ACS, 2023
Population
7,651
Households
3,177
Median income
$97,730/yr
Median age
50 years
Owner-occupied
85.3%
Median home value
$225,100
Median gross rent
$786/mo
Mean commute
23.4 min
85.3% of occupied homes in Canfield 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 $225,100 against Zillow's $330,246 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $786/mo, below Zillow's $1,350/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Canfield?
10 schools tracked · 4,774 students
The largest public schools serving Canfield, 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.
Canfield Village Middle School
Grades 5-8 · 771 students
Canfield High School
Grades 9-12 · 748 students
Mahoning Career & Technical
Grades 9-12 · 721 students
C H Campbell Elementary School
Grades K-4 · 480 students
Hilltop Elementary School
Grades K-4 · 474 students
South Range Elementary School
Grades PK-4 · 467 students
South Range Middle School
Grades 5-8 · 397 students
South Range High School
Grades 9-12 · 349 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 Canfield, OH?
Ordered by distance from Canfield, not by size. Compare Canfield side by side with any of them.
Canfield housing market FAQ
Is Canfield a buyer's or seller's market?
Canfield, OH is currently a balanced market. That read comes from 3.7 months of supply, homes going under contract in about 32 days, and sellers getting 98.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Canfield?
The typical home in Canfield, OH is worth $330,246 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $325,000, about $197 per square foot.
Is Canfield cheaper than the rest of Ohio?
Canfield's median sale price of $325,000 is 15% higher than the Ohio statewide median of $282,600, and 21% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Canfield?
Homes in Canfield, OH spent a median of 32 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 Canfield?
At the current 30-year fixed rate of 7.03%, 20% down on a $330,246 home is about $1,763 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $75,558 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $97,730.
Are home prices rising in Canfield?
The typical home value in Canfield, OH rose 3.9% over the last 12 months, from $317,819 to $330,246 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Canfield?
Canfield 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 Canfield?
That depends on your timeline, not on a headline. What the data says today: Canfield, OH is a balanced market with 3.7 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.4x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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