Real Estate Investing in Massillon, Ohio (44646)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44646 (Massillon, 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 Massillon, OH (44646)?
Click any question — our AI will research it live from the web and show you sources.
Local Pulse Report
AI-researched developments and news for Massillon, OH (44646). Updated on demand as visitors ask.
Growth & development in Massillon, OH (44646) Updated 86 days ago
Opportunities
- Massillon has numerous infrastructure projects underway, including road widening, storm sewer improvements, and park revitalization, with many nearing completion or in progress as of June 2026. — These projects enhance public services and improve the quality of life and transportation for residents. City of Massillon
- The Massillon Energy & Technology Park (METP), a 465-acre industrial park, is actively developing, including a Goodyear building and plans for a 5,400-square-foot expansion. — This development creates new industrial opportunities and potential job growth in the region. CIVPRO Engineering
- There are 31 new construction home communities in and around Massillon, offering a diverse selection of housing options. — Increased housing supply provides more choices for residents and can help accommodate population growth. Realtor.com, Zillow
- Massillon City Council is considering zoning regulations for data centers, with some union representatives highlighting potential for well-paying jobs. — Establishing clear regulations can attract new industries and create employment opportunities. GatherGov
Concerns
- Energization of a 21 MW facility in Massillon for Bitdeer has been shifted to phased Q3 2026, and reconstruction of two fire-damaged buildings (26 MW) is ongoing through Q3 2026. — Delays in energization and reconstruction can postpone potential economic benefits and job creation. Stock Titan
- A new annual yard waste fee of $50 has been implemented for non-resident Stark County households utilizing the city's yard waste facility. — This fee imposes a new cost on some residents for a previously free service. GatherGov
- Concerns have been raised by residents regarding potential noise, flooding, and the need for independent grid studies related to data center developments. — These concerns highlight potential unconsented costs or negative impacts on the quality of life for nearby residents. GatherGov
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
Here's what matters if you're considering buying a home in Massillon:
Property Strategy for 44646
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $89,895 | $840 | 6.7% | +5.7% | $89,895 |
| 2BR | $145,173 | $1,080 | 5.4% | +7.4% | $72,586 |
| 3BR | $211,123 | $1,360 | 4.6% | +7.5% | $70,374 |
| 4BR | $328,428 | $1,440 | 3.2% | +7.6% | $82,107 |
| 5BR | $463,208 | — | — | +7.6% | $92,642 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44646 Compare?
| Metric | 44646 | Massillon | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $229,900 | $211,228 | N/A | $237,530 |
| 5-Year CAGR | 6.6% | 6.5% | N/A | 7.4% |
| Avg Rent | $1,088 | $1,147 | N/A | - |
| Cap Rate | 3.7% | 4.3% | - | - |
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 44646 (Massillon, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $229,900 |
| Monthly Rent | $1,088 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 44646
Population: 48,283
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 44646
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
Investor Insight: With 3,836 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Massillon in OH worth investing in?
The 3.0/5 investability rating in Massillon, OH reflects its $230K prices and $1,088/mo rents. Investors generally consider it a solid option within OH.
What is the median home value in Massillon, OH?
Median home price in Massillon, OH is near $230K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Which real estate strategy fits Massillon, OH?
Most investors in Massillon, 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.
Should investors worry about vacancy in Massillon, OH?
Expect elevated vacancy in Massillon, OH. Rents at $1,088/mo are absorbed by the tenant base without meaningful lag.
Is house hacking profitable in Massillon, OH?
House hacking in Massillon, OH is a challenging. With home values around $230K and rents at $1,088/mo, owner-occupants can offset a meaningful share of PITI.
You know 44646 now. You don’t know where it ranks.
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How 44646 ranks in Canton-Massillon, OH
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