Real Estate Investing in Wakeman, Ohio

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 7,251 • Huron County

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
1 flag
  • Elevated vacancy: 11.1% vacancy may signal weakening demand.

What’s happening in Wakeman, OH?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.7% 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 $284,530
Avg Monthly Rent $1,035
ZIP Codes 1

Investing in Wakeman Real Estate

Across Wakeman's 1 ZIPs, the picture is subdued: $285K median values, $1,035/mo rents, and a population that has faced real economic pressure.

Investors considering Wakeman, OH should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

firmly Wakeman's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Wakeman's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

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 Norwalk, OH

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Wakeman, OH. Anonymous, moderated, never written by AI.

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Avg Home Value
$284,530
Avg Monthly Rent
$1,035
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Norwalk, OH metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Norwalk, OH metro
0
Days to pending
8.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Wakeman, OH

Screen every ZIP in Wakeman

Filter Wakeman’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 Wakeman, OH

How do landlord-tenant laws work in Wakeman, OH?

OH law landlord-friendly for landlords, and Wakeman inherits those rules. Investors should still review local ordinances for rental licensing.

What is the renter demographic in Wakeman, OH?

Tenant quality in Wakeman, OH ranks as solid. Landlords generally report steady occupancy at market rents of $1,035/mo.

Is Wakeman, OH a good market for buy-and-hold investors?

Investors tracking Wakeman, OH will find a 3.0/5 rating supported by $285K median home values and $1,035/mo rents. That profile suits long-term holders targeting measured returns.

Is house hacking profitable in Wakeman, OH?

House hacking in Wakeman, OH is reasonable to execute. Prices around $285K and rents of $1,035/mo solid owner-occupant economics.

How do home values compare in Wakeman, OH?

In Wakeman, OH the median home value sits at $285K. Against the broader OH market, that reads as reasonable for most investors.

Community Ratings

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