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Canfield, OH

Full City Profile · Ohio · Mahoning County County

4.2 /5.0
A Great
7,651 Population 1,500/sq mi density
$97,730 Median Income $46,127 per capita
$225,100 Home Value $313,189 Zillow
$786 Median Rent 25.7% income on rent
49°F Avg Temperature 275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$97,730 median income, 3.4% unemployment
A+
Affordability
5.0 / 5.0
$225,100 home value, $786/mo rent
C+
Safety
2.5 / 5.0
0 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)
$313,189
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 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)$313,189
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%