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MENDON, OH 45862

Real Estate Market Report  ·  Mercer County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
1
100% pending ratio
Median Price
$187,450
⇩ 27.9% vs $260,000 last year
Average Price
$187,450
⇩ 29.8% vs $267,133 last year
Days on Market
31
⇩ 41.5% vs 53 days last year

Market Context

Population: 1,314  ·  Density: 13.8/mi²  ·  Median household income: $41,719

Typical home value: $129,143  ·  Homeownership: 84.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MENDON, OH real estate market (45862) currently shows 1 active listings, with 1 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 31 days on market compared to 53 days last year.

The median listing price has fallen 27.9% year-over-year, from $260,000 to $187,450.

Whether you are buying or selling in MENDON, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 31 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $187,450 (-27.9% YoY)
  • Average: $187,450 (-29.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.1 miles — 207 listings ($57,077,854 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45862Mendon, OH 458620.0 mi1$187,450$187,450$187,450
45887Spencerville, OH 458878.3 mi12$2,425,368$129,900$202,114
45822Celina, OH 458229.3 mi33$9,559,110$262,000$289,670
45874Ohio City, OH 4587411.8 mi3$418,350$139,450$139,450
45819Buckland, OH 4581913.7 mi1$271,250$271,250$271,250
45833Delphos, OH 4583314.1 mi16$3,464,528$202,500$216,533
45828Coldwater, OH 4582815.3 mi7$2,231,075$289,900$318,725
45863Middle Point, OH 4586316.4 mi2$237,700$118,850$118,850
45805Lima, OH 4580518.8 mi65$15,899,650$198,500$244,610
45806Lima, OH 4580620.3 mi31$9,849,320$296,450$317,720
45807Lima, OH 4580720.4 mi31$11,186,753$244,900$360,863
45844Fort Jennings, OH 4584420.8 mi1$217,500$217,500$217,500
46772Monroe, IN 4677221.1 mi4$1,129,800$282,450$282,450

Frequently Asked Questions

How many homes are for sale in MENDON, OH 45862?

As of January 2026, there are 1 active listings in MENDON, OH (zip code 45862), compared to 3 the prior year.

What is the median home price in MENDON, OH 45862?

The median listing price in MENDON, OH 45862 is $187,450 as of January 2026, a 27.9% decrease from $260,000 the prior year.

How long do homes stay on the market in MENDON, OH?

Homes in MENDON, OH 45862 spend an average of 31 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in MENDON, OH 45862?

Based on current inventory and days-on-market data as of January 2026, MENDON, OH 45862 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 31 days on market compared to 53 days last year.

How much can I save on real estate commission in MENDON, OH?

With SELL123.com's maximum 3% commission, sellers in MENDON, OH 45862 save an estimated $3,749 compared to a typical 5% commission on the median listing price of $187,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.