Canfield, OH

Full City Profile · Ohio · Mahoning County County

3.8 /5.0
B+ Good
7,651 Population 1,500/sq mi density
$97,730 Median Income $46,127 per capita
$225,100 Home Value $330,246 Zillow
$786 Median Rent 25.7% income on rent
50°F Avg Temperature
53 Violent Crime/100K 356 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$97,730 median income, 6.1% unemployment
A+
Affordability
5.0 / 5.0
$225,100 home value, $786/mo rent
F
Safety
1.0 / 5.0
53 violent crimes/100K
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher

Housing Overview

Median Home Value
$225,100
20% below
US avg: $281,900
Median Rent
$786/mo
32% below
US avg: $1,163/mo
Homeownership Rate
85.3%
30% above US avg (65.4%)
Total Housing Units
3,387
Median year built: 1974

Home Value by Source

Census Median
$225,100
Zillow (ZHVI)
$330,246
Redfin Median Sale
$310,000
Median Sale Price
$310,000
Median List Price
$250,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.3%
Owner-Occupied
14.7%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $786/mo

Market Indicators (Redfin)

Median Sale Price
$310,000
Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
15.0%
of listings with price reduction
Price Per Sq Ft
$164
Active Inventory
20
homes for sale

Affordability & Housing Stock

Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
85.3%

Complete Housing Data

Home Values

Census Median Value$225,100
Zillow Home Value (ZHVI)$330,246
Redfin Median Sale$310,000
Median Sale Price$310,000
Median List Price$250,000
Price Per Sq Ft$164

Rent

Census Median Rent$786
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market32
Sale-to-List Ratio1.0%
Price Drops15.0%
Homes Sold7
Active Inventory20
Price Per Sq Ft$164

Ownership & Stock

Owner-Occupied85.3%
Renter-Occupied14.7%
Homeownership Rate85.3%
Total Housing Units3,387
Median Year Built1974
Rent Burden25.7%