Market Overview
Home Prices in Millbury, OH
The median home value in Millbury, OH is $237,581 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.4% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millbury are priced42% below average. Millbury is part of the Toledo, OH metro area.
Over the past five years, Millbury home values have risen by approximately16.6%, reflecting steady appreciation in this market.
Price History
Millbury Home Price Trend
City Comparison
Millbury vs. National Median
At $237,581, homes in Millbury cost 42% below the national median of $410,000. This makes Millbury a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Millbury?
20% Down Payment
$47,516
on $237,581
Monthly P&I
$1,239/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,574/mo
incl. taxes & insurance
Income Needed
$62,960
gross annual (30% rule)
10% Down Option
$23,758
+ PMI applies
Loan Amount (20% dn)
$190,065
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 Millbury, OH?
The median home value in Millbury is $237,581 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.4% year-over-year.
How much have home prices changed in Millbury?
Over the past year, home values in Millbury have decreased by 0.4%. Over five years, prices have risen approximately 16.6%.
How much do I need to earn to buy a home in Millbury?
To comfortably afford the median home price of $237,581 with a 20% down payment ($47,516) at today's rates (6.8%), you'd need a gross annual income of approximately $62,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Millbury compare to the national average home price?
The national median home value is approximately $410,000. At $237,581, homes in Millbury are 42% below the national average.
What metro area is Millbury part of?
Millbury is part of the Toledo, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.