Real Estate Investing in Louisville, Ohio (44641)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44641 (Louisville, 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.
What’s happening in Louisville, OH (44641)?
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Market Analysis: 44641 Louisville
This part of Stark County is not an easy win. The 44641 ZIP reflects 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 $252K asset, 44641 is the wrong submarket. If the plan prices in friction, the yield can still work.
Turning to rents, 44641 offers a low basis, the region around Louisville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 44641 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 44641 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Louisville:
Property Strategy for 44641
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $174,424 | $1,040 | 4.3% | +6.5% | $87,212 |
| 3BR | $237,165 | $1,310 | 4.0% | +7.3% | $79,055 |
| 4BR | $289,639 | $1,390 | 3.5% | +7.2% | $72,410 |
| 5BR | $384,996 | — | — | +7.4% | $76,999 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44641 Compare?
| Metric | 44641 | Louisville | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $251,986 | $251,986 | N/A | $237,530 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.4% |
| Avg Rent | $1,732 | $1,732 | N/A | - |
| Cap Rate | 5.4% | 5.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44641 (Louisville, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $251,986 |
| Monthly Rent | $1,732 |
| Price-to-Rent | 12.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.3% |
| Cap Rate | 5.4% |
| 5-Year IRR | 11.9% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). 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 44641
Population: 19,693
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 44641
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 much should I expect to pay for a home in Louisville, OH?
Median home price in Louisville, OH is near $252K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
Is vacancy a concern in Louisville, OH?
Louisville, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.
What is the best play in Louisville, OH?
Investors usually favor careful cash-flow rentals with hands-on management in Louisville, OH. With home values at $252K and rents near $1,732/mo, other strategies can work but produce predictable rather than outsized returns.
Is Louisville, OH a friendly market for rental owners?
Landlord-friendliness in Louisville, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How much is rent in Louisville, OH?
Investors in Louisville, OH typically see rents near $1,732/mo per month against $252K home values - a solid setup for rental cash flow.
You know 44641 now. You don’t know where it ranks.
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