Real Estate Investing in Salem, Ohio (44460)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44460 (Salem, 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.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
What’s happening in Salem, OH (44460)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44460 Salem
Investors eyeing 44460 need to respect the fundamentals at play. Home values of $192K come alongside slower price movement and elevated management overhead.
The 44460 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Salem have seen price recovery that 44460 has not matched. Columbiana County data supports the view that the spread is structural rather than temporary.
A solid renter share of 29% in 44460 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Salem's stable or hybrid ZIPs before stepping into 44460. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Salem:
Property Strategy for 44460
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $83,316 | $790 | 6.8% | +8.4% | $83,316 |
| 2BR | $133,331 | $980 | 5.3% | +7.7% | $66,666 |
| 3BR | $193,598 | $1,240 | 4.6% | +7.2% | $64,533 |
| 4BR | $270,932 | $1,310 | 3.5% | +7.2% | $67,733 |
| 5BR | $328,820 | — | — | +6.8% | $65,764 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44460 Compare?
| Metric | 44460 | Salem | Salem, OH | Ohio |
|---|---|---|---|---|
| Home Value | $192,330 | $192,330 | N/A | $237,530 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.4% |
| Avg Rent | $795 | $795 | 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 44460 (Salem, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 44460 (Salem, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $192,330 |
| Monthly Rent | $795 |
| Price-to-Rent | 20.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 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 (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 44460
Population: 25,289
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 44460
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
What kind of tenants rent in Salem, OH?
Expect a solid tenant pool in Salem, OH. The rental market absorbs $795/mo rents without meaningful friction.
How do experienced investors play Salem, OH?
Most investors in Salem, OH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How landlord-friendly is Salem, OH?
Salem, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is Salem, OH a good market for FHA house hackers?
For house hackers, Salem, OH is a challenging. The $795/mo rent on a unit helps defray the mortgage on a $192K property.
What is the typical home price in Salem, OH?
Salem, OH median home values land near $192K. That is reasonable territory for investors looking at $795/mo-per-month rentals.
You know 44460 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44460 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 44460 ranks in Salem, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 44460 (Salem)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 44460 (Salem, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.