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Sarah Mitchell
Compass Real Estate · ZIP 44706
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44706 ZIP Code Housing Market
$132,950median sale price
What is the 44706 housing market like right now?
The median home sale price in ZIP code 44706 is $132,950, down 33.7% year-over-year. Homes sell in an average of 23 days with 32 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 44706 ZIP code a buyer's or seller's market?
ZIP code 44706 is currently a balanced market and homes selling in about 23 days. How we determine this →
What are the latest 44706 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $132,950 |
| Median list price | $134,900 |
| Year-over-year price change | -33.7% |
| Average days on market | 23 days |
| Active inventory | 32 listings |
| Sale-to-list price ratio | 100.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 44706 zip code, located in Richville, OH, is currently classified as a balanced market. The median sale price stands at $132,950, representing a -33.7% change year over year. Homes in this area spend an average of 23 days on the market before going under contract. There are currently 32 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 44706 sits in the Richville, OH area, roughly 2.4 miles from downtown Richville. Because home prices are set street by street, this ZIP can move differently from Richville's citywide averages. The figures below reflect 44706 specifically — drawn from Redfin transactions, U.S. Census data for its 16,496 residents, and Zillow value estimates.
Homes sold
34
Last 12 weeks
Days on market
23
Average pace
Active listings
32
Sale-to-list
100.5%
Above asking
What is driving the 44706 housing market?
The 44706 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.5% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 44706 have declined -33.7% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 44706 stands at $162,758, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,087 per month. This gives a price-to-rent ratio of approximately 12.5, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 44706?
Population
16,496
Median income
$58,228/yr
Median age
41.4 years
Owner-occupied
67.7%
College grads
11.1%
Avg commute
18.43 min
What is it like living in 44706?
Zip code 44706 is home to approximately 16,496 residents. The median household income is $58,228 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 67.7% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 11.1% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 18.43 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 44706.
Which public schools serve ZIP 44706?
5 schools tracked · 1,825 students
The largest public schools serving ZIP code 44706 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.
Faircrest Memorial Elementary School
Grades PK-5 · 755 students
T C Knapp Elementary School
Grades PK-4 · 439 students
Beacon Academy
Grades K-8 · 278 students
McGregor Intermediate School
Grades 4-6 · 232 students
Stark High School
Grades 9-12 · 121 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 44706
What is the median home price in 44706?
The current median sale price in 44706 is $132,950, based on recent Redfin transaction data. Prices have changed -33.7% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 44706 a buyer's or seller's market?
The 44706 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 44706?
Zip code 44706 has a population of approximately 16,496 residents. The median household income is $58,228 per year. About 67.7% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 44706?
Properties Incorporated provides comprehensive data for 44706 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 44706 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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