Real Estate Investing in Homeworth, Ohio (44634)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44634 (Homeworth, 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 Homeworth, OH (44634)?
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Market Analysis: 44634 Homeworth
The 44634 ZIP covers a section of Homeworth that demands careful diligence. Prices near $248K look accessible, but the work to make a deal cash flow is real.
The investment case in 44634 is substantial only for operators who understand what they are buying. A $248K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within OH, ZIP 44634 trails on several market indicators that neighboring Columbiana County submarkets outperform. The gap is real and solid enough to shape underwriting.
A resilient renter share of 18% in 44634 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. durable returns are possible in 44634, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Homeworth:
Property Strategy for 44634
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $192,943 | $970 | 3.6% | +7.4% | $96,471 |
| 3BR | $237,263 | $1,220 | 3.7% | +7.0% | $79,088 |
| 4BR | $292,209 | $1,290 | 3.2% | +7.7% | $73,052 |
Market Trends
Home Value History (with trend line)
📊 How Does 44634 Compare?
| Metric | 44634 | Homeworth | Salem, OH | Ohio |
|---|---|---|---|---|
| Home Value | $247,655 | $247,655 | N/A | $237,530 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44634 (Homeworth, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $247,655 |
| Monthly Rent | $873 |
| Price-to-Rent | 23.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.8%). 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 44634
Population: 1,783
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the average home sale price in Homeworth, OH?
Expect median prices around $248K in Homeworth, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
Is Homeworth, OH a smart market for rental property?
With a 3.0/5 investability score, Homeworth, OH ranks as a solid market for rental property investors. Median prices of $248K and rents of $873/mo drive the underlying numbers.
Are tenants stable in Homeworth, OH?
Working renters make up the core of the Homeworth, OH tenant base. The pool is reasonable for investors targeting long-term holds.
Does house hacking work in Homeworth, OH?
House hacking in Homeworth, OH is reasonable to execute. Prices around $248K and rents of $873/mo solid owner-occupant economics.
Is Homeworth, OH good for landlords?
For rental operators, Homeworth, OH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 44634 now. You don’t know where it ranks.
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How 44634 ranks in Salem, OH
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