Housing · Canfield

Canfield, OH housing market

Homes typically sell in 32 days, below asking.

Home values, sales, trends and how Canfield compares with the towns next door — updated as new data is published.

The market right now

Canfield at a glance

Median sale price
$325K
May 2026 · Redfin
Days on market
32
Ohio: 36 days
Sale-to-list
98%
Homes sell below asking
Homes sold
9
in May · 33 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 3.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Price trend

Home prices up 52% in 5 years

The federal house price index for the ZIP code around Canfield rose 52% over the past 5 years, about the same as across Ohio. Last year prices rose 7.2%. Carrying the Census median home value forward with that index puts the typical Canfield home at roughly $421,000 today.

Past year
+7.2%
Ohio: +4.8%
Past 5 years
+52%
Ohio: +53%
Past 10 years
+80%
Ohio: +93%
Estimated value
$421K
Census median, carried to 2025
Canfield areaOhio
−50%0%+50%+100%+150% 200020052010201520202025 2000: 0% since 20002001: +4.7% since 2000 · +4.7% that year2002: +6.6% since 2000 · +1.8% that year2003: +8.2% since 2000 · +1.5% that year2004: +11% since 2000 · +2.3% that year2005: +13% since 2000 · +2.3% that year2006: +12% since 2000 · −0.6% that year2007: +12% since 2000 · −0.8% that year2008: +13% since 2000 · +1.2% that year2009: +9.2% since 2000 · −3.3% that year2010: +7.4% since 2000 · −1.7% that year2011: +5.9% since 2000 · −1.4% that year2012: +5.2% since 2000 · −0.6% that year2013: +6.7% since 2000 · +1.4% that year2014: +11% since 2000 · +4.4% that year2015: +12% since 2000 · +0.4% that year2016: +15% since 2000 · +3% that year2017: +19% since 2000 · +3.8% that year2018: +22% since 2000 · +1.9% that year2019: +28% since 2000 · +5.2% that year2020: +32% since 2000 · +3.1% that year2021: +46% since 2000 · +10% that year2022: +68% since 2000 · +15% that year2023: +82% since 2000 · +8.4% that year2024: +87% since 2000 · +3.1% that year2025: +101% since 2000 · +7.2% that year Canfield +101%
Show as a table
YearChange that yearSince 2000Ohio since 2000
2025+7.2%+101%+106%
2024+3.1%+87%+97%
2023+8.4%+82%+84%
2022+15%+68%+70%
2021+10%+46%+50%
2020+3.1%+32%+35%
2019+5.2%+28%+29%
2018+1.9%+22%+23%
2017+3.8%+19%+16%
2016+3%+15%+11%
2015+0.4%+12%+6.7%
2014+4.4%+11%+3.1%
2013+1.4%+6.7%−0.2%
2012−0.6%+5.2%−0.4%
2011−1.4%+5.9%+1.3%
2010−1.7%+7.4%+5.1%
2009−3.3%+9.2%+8.9%
2008+1.2%+13%+12%
2007−0.8%+12%+15%
2006−0.6%+12%+17%
2005+2.3%+13%+16%
2004+2.3%+11%+12%
2003+1.5%+8.2%+8.5%
2002+1.8%+6.6%+6.7%
2001+4.7%+4.7%+4.3%
2000———

How Canfield ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 44406, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.

Affordability

2.6 years of income

The typical Canfield home costs about 2.6 years of the town's median household income, less than across Ohio (3.5 years).

How Canfield ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
84.8%
Ohio: 67.2%
Median tax bill
$3,332
Ohio: $2,822
Median rent
$788
Ohio: $1,034
Typical home built
1978
Ohio: 1970

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $990

HUD's Fair Market Rent for a two-bedroom in Canfield is $990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Canfield pay a median of $788, so moving in tends to cost more than staying put. A two-bedroom takes about 12% of the town's median household income.

1 bedroom
$780
a month, with utilities
2 bedrooms
$990
a month, with utilities
3 bedrooms
$1,290
a month, with utilities
Share of income
12%
2 bedrooms ÷ median income

Studio $750 · 4 bedrooms $1,370

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44406; Youngstown-Warren, OH MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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