Mansfield, OH home prices
Typical home $198,722 · +6.0% in a year · income needed $59,000
The Mansfield, OH metro area ranks 645 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +6.0% in a year and +40.6% over five years. With 20% down at 7.11%, the typical home costs about $1,376 a month including 1.25% property tax (Richland County rate).
Mortgage on the typical Mansfield home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $39,744 | $158,977 | $1,069 | $0 | $306 | $1,376 | $59,000 |
| 10% down | $19,872 | $178,850 | $1,203 | $75 | $306 | $1,584 | $67,900 |
| 5% down | $9,936 | $188,786 | $1,270 | $79 | $306 | $1,655 | $70,900 |
| 3.5% down (FHA) | $6,955 | $195,123 | $1,313 | $88 | $306 | $1,707 | $73,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.25% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Mansfield area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Richland County, OH | $198,720 | +6.0% | 1.25% |
What can you afford in Ohio on your salary? · Ohio home prices · Salaries in Ohio
Frequently asked questions
How much is a house in Mansfield?
The typical home in the Mansfield, OH metro area is worth $198,722 (Zillow, September 2026).
What salary do you need to buy a house in Mansfield?
About $59,000 a year for the typical home with 20% down at 7.11%.