Real Estate Investing in Circleville, Ohio (43113)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43113 (Circleville, OH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Circleville, OH (43113)?
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Market Analysis: 43113 Circleville
On the rental side, ZIP 43113 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $290K median. It rewards specialists, not generalists.
The 43113 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 43113 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A substantial renter share of 35% in 43113 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 43113 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Circleville:
Property Strategy for 43113
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $119,454 | $930 | 5.6% | +5.8% | $119,454 |
| 2BR | $189,084 | $1,120 | 4.3% | +8.1% | $94,542 |
| 3BR | $282,582 | $1,340 | 3.4% | +8.3% | $94,194 |
| 4BR | $356,663 | $1,510 | 3.0% | +7.9% | $89,166 |
| 5BR | $413,834 | — | — | +7.8% | $82,767 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43113 Compare?
| Metric | 43113 | Circleville | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $290,326 | $290,326 | N/A | $237,530 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.4% |
| Avg Rent | $1,194 | $1,194 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43113 (Circleville, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $290,326 |
| Monthly Rent | $1,194 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 43113
Population: 24,314
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 43113
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is the tenant base reliable in Circleville, OH?
Working renters make up the core of the Circleville, OH tenant base. The pool is reasonable for investors targeting long-term holds.
How strong is Circleville, OH for real estate investors?
Yes - Circleville, OH a 3.0/5 investability score. With $290K home prices against $1,194/mo monthly rent, the market delivers a reasonable entry point for new investors.
What type of investing works in Circleville, OH?
Circleville, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($290K prices, $1,194/mo rents) make it a reasonable choice.
How viable is house hacking in Circleville, OH?
House hacking in Circleville, OH is reasonable to execute. Prices around $290K and rents of $1,194/mo solid owner-occupant economics.
Is Circleville, OH landlord-friendly?
Rental owners in Circleville, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 43113 now. You don’t know where it ranks.
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How 43113 ranks in Columbus, OH
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