Why Live in Mineral Ridge
Mineral Ridge, OH, is a small, unincorporated community located along the eastern shore of Meander Creek Reservoir with a population of just over 4,000. Situated between Austintown and Niles, it is only 10 miles from Youngstown. Housing in Mineral Ridge primarily consists of mid-20th-century Cape Cods and ranch-style homes, averaging 1,500 square feet with three to four bedrooms on lots just over a quarter-acre. Additionally, traditional colonials and split levels offer around 1,700 square feet with four bedrooms. The community also features newly constructed contemporary homes. Students attend schools within the Weathersfield Local School District, including Seaborn Elementary School for kindergarten through sixth grade and Mineral Ridge High School for seventh through twelfth grade, both of which are highly rated. For outdoor recreation, locals head to Niles, utilizing the Niles Greenway, a 4-mile paved path that leads to parks such as Murphy Park and Woodland Park, offering playgrounds, sports courts, and green spaces. Dining and nightlife options in Mineral Ridge include Cadence Coffeehouse and Creperie, a nonprofit coffee shop, and Ice House Inn, a sports bar known for its American fare and live music. While public transportation is not directly accessible, residents can use the Western Reserve Transit Authority in nearby Austintown to travel across Mahoning County. Major highways like 80, 680, and 46 facilitate commuting, with Youngstown just a 10-mile drive away.
Frequently Asked Questions
What is the average home price in Mineral Ridge, OH?
Homes for sale in Mineral Ridge, OH have an average home price of $262,950.
How many homes have sold over the last 12 months in Mineral Ridge, OH?
38 homes have sold in Mineral Ridge, OH over the last 12 months.
What are the most popular zip codes in Mineral Ridge, OH?
How much do you need to make to afford a house in Mineral Ridge?
The median home price in Mineral Ridge is $237,000. If you put a 20% down payment of $47,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K a year to afford the median home price in Mineral Ridge.
How are the schools in Mineral Ridge, OH?
Home Trends in Mineral Ridge, OH
On average, homes in Mineral Ridge, OH sell after 33 days on the market compared to the national average of 50 days. The median sale price for homes in Mineral Ridge, OH over the last 12 months is $192,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$192,000
Median Single Family Sale Price
$216,500
Median 2 Bedroom Sale Price
$223,000
Average Price Per Sq Ft
$130
Number of Homes for Sale
8
Last 12 months Home Sales
38
Median List Price
$237,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
1%