Real Estate Investing in Northwood, Ohio

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1 ZIP codes • Population: 7,151 • Wood County

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

🏠 For Homebuyers
GOOD FIT
Grade B (74/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Northwood, OH?

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2.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.8% 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 $187,561
Avg Monthly Rent $909
ZIP Codes 1

Investing in Northwood Real Estate

Northwood (Ohio) spans 1 ZIPs and roughly a sizable population. decisively the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

The investment case for Northwood is difficult to make on screen data alone. less favorable for a 2.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rents in Northwood at $909/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Demographics in Northwood show real pressure — median income of $N/AK is thin 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 Toledo, OH

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

Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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Avg Home Value
$187,561
Avg Monthly Rent
$909
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Toledo, OH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
41%
Days Pending
0/2
30 days

View all metro crash risk rankings →

⚖️ Balanced Market — Toledo, OH metro
30
Days to pending
9.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Northwood, OH

Screen every ZIP in Northwood

Filter Northwood’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 Northwood, OH

Can owner-occupants cash flow in Northwood, OH?

Northwood, OH is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $188K price point reasonable to enter.

Is Northwood in OH worth investing in?

Our data puts Northwood, OH at 2.0/5 for investability. Home prices of $188K and rents around $909/mo create a solid backdrop for investor activity.

Is OH a landlord-friendly state?

The landlord environment in Northwood, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What do landlords charge for rent in Northwood, OH?

Expect rents around $909/mo per month in Northwood, OH. With home values at $188K, the yield math works out to reasonable levels for rental investors.

How much should I expect to pay for a home in Northwood, OH?

Expect median prices around $188K in Northwood, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.

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