Is Mansfield, OH 44902 a buyer’s or seller’s market?
Mansfield is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 11% of U.S. ZIP codes, and #481 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mansfield housing market right now
In the three months ending August 31, 2026, 6% of homes in Mansfield, OH 44902 sold above their list price, the typical home went under contract in 50 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold faster (57 days then) and the median sale price rose 29% to $74,968. Overall, Mansfield is about as competitive as it was a year ago.
Within Richland County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county. On our competition score, Mansfield ranks #481 of 489 OH ZIP codes with enough sales (score 17 out of 100).
Nearby, Mansfield 44905 (44% sold over asking) and Lucas 44843 (40% sold over asking) are even more competitive.
Run the numbers for 44902
Nearby markets
Bellville 44813Seller’s market $175 /sq ftButler 44822Seller’s market $135 /sq ftLucas 44843Seller’s market $127 /sq ftMansfield 44903Seller’s market $162 /sq ft Browse all markets →Towns like Mansfield nearby
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Questions about Mansfield real estate
Is Mansfield a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Mansfield, OH 44902 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mansfield?
The typical home went under contract in 50 days in the latest three months.
Do homes in Mansfield sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 90.0% of the list price.
What are property taxes in Mansfield?
About 1.25% of a home’s value a year in Richland County, or roughly $5,000 on a $400,000 home.
What is the median home price in Mansfield?
The median sale price was $74,968 in the three months ending August 31, 2026, about $56 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology