Real Estate Investing in New Concord, Ohio (43762)
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Should you buy in 43762 (New Concord, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in New Concord, OH (43762)?
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Market Analysis: 43762 New Concord
This part of Muskingum County is not an easy win. The 43762 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $259K asset, 43762 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 43762 sits on the difficult end of the OH spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 43762 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at New Concord's stable or hybrid ZIPs before stepping into 43762. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in New Concord:
Property Strategy for 43762
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $202,383 | $1,000 | 3.6% | +6.6% | $101,192 |
| 3BR | $257,070 | $1,360 | 3.8% | +7.5% | $85,690 |
| 4BR | $282,709 | $1,510 | 3.8% | +7.1% | $70,677 |
Market Trends
Home Value History (with trend line)
📊 How Does 43762 Compare?
| Metric | 43762 | New Concord | Zanesville, OH | Ohio |
|---|---|---|---|---|
| Home Value | $259,488 | $259,488 | N/A | $237,530 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 7.4% |
| Avg Rent | $900 | $900 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43762 (New Concord, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,488 |
| Monthly Rent | $900 |
| Price-to-Rent | 24.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (2.7%). 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 43762
Population: 5,098
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 43762
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
How does New Concord, OH stack up for property investment?
New Concord, OH reports an investability rating of 3.0/5, with median home values near $259K and average rents around $900/mo. That combination puts it in the healthy tier for investor interest.
What is the typical rental rate in New Concord, OH?
Investors in New Concord, OH typically see rents near $900/mo per month against $259K home values - a solid setup for rental cash flow.
How do experienced investors play New Concord, OH?
The best-fit strategy in New Concord, OH is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the typical home price in New Concord, OH?
Homes in New Concord, OH typically sell near $259K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
How tight is the rental market in New Concord, OH?
Vacancy risk in New Concord, OH is elevated. That supports measured cash flow for typical rental holds.
You know 43762 now. You don’t know where it ranks.
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How 43762 ranks in Zanesville, OH
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