Market Overview
Home Prices in Millfield, OH
The median home value in Millfield, OH is $133,819 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and down 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millfield are priced67% below average. Millfield is part of the Athens, OH metro area.
Over the past five years, Millfield home values have risen by approximately5.1%, reflecting steady appreciation in this market.
Price History
Millfield Home Price Trend
City Comparison
Millfield vs. National Median
At $133,819, homes in Millfield cost 67% below the national median of $410,000. This makes Millfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Millfield?
20% Down Payment
$26,764
on $133,819
Monthly P&I
$698/mo
30-yr @ 6.8%
Total Monthly Est.
~$886/mo
incl. taxes & insurance
Income Needed
$35,440
gross annual (30% rule)
10% Down Option
$13,382
+ PMI applies
Loan Amount (20% dn)
$107,055
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 Millfield, OH?
The median home value in Millfield is $133,819 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Millfield?
Over the past year, home values in Millfield have decreased by 0.1%. Over five years, prices have risen approximately 5.1%.
How much do I need to earn to buy a home in Millfield?
To comfortably afford the median home price of $133,819 with a 20% down payment ($26,764) at today's rates (6.8%), you'd need a gross annual income of approximately $35,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Millfield compare to the national average home price?
The national median home value is approximately $410,000. At $133,819, homes in Millfield are 67% below the national average.
What metro area is Millfield part of?
Millfield is part of the Athens, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.