Market Overview
Home Prices in Canfield, OH
The median home value in Canfield, OH is $332,925 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Canfield are priced19% below average. Canfield is part of the Youngstown-Warren-Boardman, OH-PA metro area.
Over the past five years, Canfield home values have risen by approximately37.6%, reflecting strong long-term appreciation in this market.
Price History
Canfield Home Price Trend
City Comparison
Canfield vs. National Median
At $332,925, homes in Canfield cost 19% below the national median of $410,000. This makes Canfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Canfield?
20% Down Payment
$66,585
on $332,925
Monthly P&I
$1,736/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,205/mo
incl. taxes & insurance
Income Needed
$88,200
gross annual (30% rule)
10% Down Option
$33,293
+ PMI applies
Loan Amount (20% dn)
$266,340
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Canfield, OH?
The median home value in Canfield is $332,925 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Canfield?
Over the past year, home values in Canfield have increased by 4.5%. Over five years, prices have risen approximately 37.6%.
How much do I need to earn to buy a home in Canfield?
To comfortably afford the median home price of $332,925 with a 20% down payment ($66,585) at today's rates (6.8%), you'd need a gross annual income of approximately $88,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Canfield compare to the national average home price?
The national median home value is approximately $410,000. At $332,925, homes in Canfield are 19% below the national average.
What metro area is Canfield part of?
Canfield is part of the Youngstown-Warren-Boardman, OH-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.