Real Estate Investing in Coldwater, Ohio

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1 ZIP codes • Population: 6,343 • Mercer County

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Should you buy in Coldwater, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Coldwater, OH?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $296,904
Avg Monthly Rent $873
ZIP Codes 1

Investing in Coldwater Real Estate

With a sizable population across 1 ZIPs, Coldwater shows the kind of tepid fundamentals that keep most out-of-state capital on the sidelines.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Coldwater is in that category.

The $873/mo / $297K relationship in Coldwater looks tepid once vacancy and capex are incorporated into underwriting. seems to the realized yield tends to disappoint.

Demographics in Coldwater show real pressure — median income of $N/AK is underwhelming relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Celina, OH

Coldwater is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$296,904
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Celina, OH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Celina, OH metro
0
Days to pending
11.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Coldwater, OH

Screen every ZIP in Coldwater

Filter Coldwater’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Coldwater, OH

What type of investing works in Coldwater, OH?

A careful cash-flow rentals with hands-on management strategy Coldwater, OH best. The market produces stable results for that approach at the $297K price point.

Are there empty rentals in Coldwater, OH?

Coldwater, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.

How does Coldwater, OH rate as a rental market?

Coldwater, OH scores 3.0/5 for investability. Home values sit at $297K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What is the typical home price in Coldwater, OH?

Homes in Coldwater, OH typically sell near $297K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

How strong is the working-renter base in Coldwater, OH?

Tenant demand in Coldwater, OH is solid. The local workforce $873/mo rents across most rental classes.

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