Why Live in Mineral Ridge
Mineral Ridge is a small, unincorporated community with a population of just over 4,000, situated along the eastern shore of Meander Creek Reservoir. Located between Austintown and Niles, it is only 10 miles from Youngstown. The neighborhood features a mix of Cape Cods, ranch-style homes, traditional colonials, and split levels, primarily built in the latter half of the 20th century. These homes typically range from 1,500 to 1,700 square feet, with three to four bedrooms on lots just over a quarter-acre. There are also some newly constructed contemporary homes. Mineral Ridge is part of the Weathersfield Local School District, with Seaborn Elementary School and Mineral Ridge High School both receiving high ratings. For outdoor activities, residents often use the Niles Greenway, a 4-mile paved path leading to parks in Niles, such as Murphy Park and Woodland Park, which offer playgrounds, sports courts, and green spaces. Dining options along South Main Street include Cadence Coffeehouse and Creperie, and the Ice House Inn, a popular sports bar. For groceries, locals travel three miles to Austintown, where they can shop at Walmart Supercenter or Giant Eagle Supermarket. While public transportation is not directly accessible in Mineral Ridge, residents can use the Western Reserve Transit Authority buses from Austintown. Major highways like 80, 680, and 46 provide convenient commuting options, with a 10-mile drive to Youngstown via Highway 680.
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 $237,926.
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 $249,900. If you put a 20% down payment of $50,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $56K 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 32 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 $213,000, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$213,000
Median Single Family Sale Price
$230,000
Median 2 Bedroom Sale Price
$223,000
Average Price Per Sq Ft
$122
Number of Homes for Sale
7
Last 12 months Home Sales
38
Median List Price
$249,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
17%