Welcome to our 43055 real estate data hub, tailored for investors in Newark, OH. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 43055 in Newark, OH. Discover Section 8 housing opportunities and challenges to maximize your investment potential in LICKING COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Newark, OH real estate investing. Uncover the wealth of information available, and position yourself for success in the Newark property market.
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Location Overview
- Zip Code: 43055
- City: Newark
- State: OH
- Metro Area: Columbus, OH
- County Name: LICKING COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $205,019
- Average Home Price (Single Family Homes): $205,419
- Average Monthly Rental Price (All Types): $1,079
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 1.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $940
- Average 3 Bedroom Section 8 Rental Rates: $1,160
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.18
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.73
- Number of Units Offered in Section 8 in the County: 809
- Number of Occupied Units in Section 8 in the County: 781
- Percentage of Section 8 Units Occupied in the County: 96.59999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 210.68
- Total % Appreciation since 2000 (Government Data): 93.66
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.71%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 7.15%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.21%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.48%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 111.65%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 87.27%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 96.31%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -9.67%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%