Mansfield housing update: prices, inventory, and rates heading into spring
Mansfield, OH – March 3, 2026 – Local home values and sales pace stayed mixed into early 2026, while mortgage rates dipped below 6% nationally.
Top takeaways
- Median sold price was $135K in January 2026, down 6.9% year over year.
- Homes averaged 42 days on market, with 27 sales recorded for the month.
- Zillow’s typical home value measure was $145K (data through Dec. 31, 2025), with 176 homes listed at that point.
- Freddie Mac’s 30-year fixed average was 5.98% (Feb. 26, 2026), offering a modest improvement in the rate backdrop.
Market snapshot
In Mansfield, OH, recent indicators continue to look mixed. Closing prices on recent sales were softer year over year, while valuation measures and list-side signals suggest buyers are still navigating limited, price-sensitive inventory.
Inventory, rentals, and financing
On the rental side, Zillow’s average rent figure was $835 (Jan. 31, 2026), up 6.1% year over year. For buyers comparing loan options, Freddie Mac also listed the 15-year fixed average at 5.44% alongside the 30-year figure.
What’s for sale nearby
- Zillow shows about 160 active listings across a wide range of price points and property types.
- Pay attention to the mix between refreshed, move-in-ready homes and older housing stock where inspection items can change the true cost.
Common questions heading into spring: fewer showings, more price cuts, or homes still moving quickly when they’re turnkey?