Market Overview
Home Prices in Montville, OH
The median home value in Montville, OH is $319,645 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montville are priced22% below average. Montville is part of the Cleveland-Elyria, OH metro area.
Over the past five years, Montville home values have risen by approximately36.3%, reflecting strong long-term appreciation in this market.
Price History
Montville Home Price Trend
City Comparison
Montville vs. National Median
At $319,645, homes in Montville cost 22% below the national median of $410,000. This makes Montville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Montville?
20% Down Payment
$63,929
on $319,645
Monthly P&I
$1,667/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,117/mo
incl. taxes & insurance
Income Needed
$84,680
gross annual (30% rule)
10% Down Option
$31,965
+ PMI applies
Loan Amount (20% dn)
$255,716
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 Montville, OH?
The median home value in Montville is $319,645 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Montville?
Over the past year, home values in Montville have increased by 4.6%. Over five years, prices have risen approximately 36.3%.
How much do I need to earn to buy a home in Montville?
To comfortably afford the median home price of $319,645 with a 20% down payment ($63,929) at today's rates (6.8%), you'd need a gross annual income of approximately $84,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Montville compare to the national average home price?
The national median home value is approximately $410,000. At $319,645, homes in Montville are 22% below the national average.
What metro area is Montville part of?
Montville is part of the Cleveland-Elyria, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.