Cities with the fastest growing home prices in Mansfield metro area

Written by:
September 29, 2022
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Cities with the fastest growing home prices in Mansfield metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Mansfield, OH metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 9 cities and towns with data available were included in the list.

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1 / 9
Stacker

#9. Plymouth, Ohio

- 1-year price change: +$12,547 (+10.5%)
- 5-year price change: +$41,934 (+46.7%)
- Typical home value: $131,715 (#8 most expensive city in metro)
2 / 9
Stacker

#8. Mansfield, Ohio

- 1-year price change: +$17,312 (+15.9%)
- 5-year price change: +$42,549 (+50.8%)
- Typical home value: $126,278 (#9 most expensive city in metro)
3 / 9
Stacker

#7. Shelby, Ohio

- 1-year price change: +$17,904 (+12.9%)
- 5-year price change: +$60,161 (+62.4%)
- Typical home value: $156,568 (#7 most expensive city in metro)
4 / 9
Stacker

#6. Ontario, Ohio

- 1-year price change: +$24,238 (+14.1%)
- 5-year price change: +$74,369 (+60.8%)
- Typical home value: $196,674 (#6 most expensive city in metro)
5 / 9
Stacker

#5. Shiloh, Ohio

- 1-year price change: +$25,763 (+14.1%)
- 5-year price change: +$79,300 (+61.4%)
- Typical home value: $208,415 (#4 most expensive city in metro)

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6 / 9
Stacker

#4. Lexington, Ohio

- 1-year price change: +$26,686 (+14.9%)
- 5-year price change: +$78,358 (+61.5%)
- Typical home value: $205,844 (#5 most expensive city in metro)
7 / 9
Stacker

#3. Butler, Ohio

- 1-year price change: +$29,722 (+15.5%)
- 5-year price change: +$87,987 (+65.7%)
- Typical home value: $221,843 (#2 most expensive city in metro)
8 / 9
Stacker

#2. Bellville, Ohio

- 1-year price change: +$31,276 (+14.9%)
- 5-year price change: +$98,451 (+68.7%)
- Typical home value: $241,803 (#1 most expensive city in metro)
9 / 9
Stacker

#1. Lucas, Ohio

- 1-year price change: +$32,814 (+18.1%)
- 5-year price change: +$78,780 (+58.2%)
- Typical home value: $214,252 (#3 most expensive city in metro)

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