Real Estate Investing in Fredericksburg, Ohio (44627)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Holmes County • Population: 7,299 • Data updated: September 2026

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Should you buy in 44627 (Fredericksburg, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 38.6 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Fredericksburg, OH (44627)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $412,457
Avg Monthly Rent $891
1% Rule ✗ Does Not Meet
Median Income $80,606
% Renters 18.8%

Market Analysis: 44627 Fredericksburg

ZIP 44627 in Fredericksburg, OH carries a robust set of headwinds. Home values near $412K and rents of $891/mo sit inside a market where underwriting has to be tight.

The investment case in 44627 is robust only for operators who understand what they are buying. A $412K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Fredericksburg have seen price recovery that 44627 has not matched. Holmes County data supports the view that the spread is structural rather than temporary.

Demographically, 44627 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Distressed ZIPs reward experience. solid returns are possible in 44627, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Fredericksburg:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
9/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.1× the median income
Value Trend
Rising (+8.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $891/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Wooster, OH Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Wooster, OH metro data
🏠

Property Strategy for 44627

Which property type performs best in this market?

Best for Cash Flow
3BR
2.5% cap rate
Best for Appreciation
2BR
+10.8% 5yr CAGR
Best Overall Value
5BR
$90,927/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $303,442 $990 2.3% +10.8% $151,721
3BR $356,691 $1,220 2.5% +8.9% $118,897
4BR $420,228 $1,370 2.3% +7.0% $105,057
5BR $454,635 +8.1% $90,927

Market Trends

Home Value History (with trend line)

$449K$387K$326K$264K$203K$141KJul 2006Jul 2016Jul 2026

📊 How Does 44627 Compare?

Metric 44627 Fredericksburg Wooster, OH Ohio
Home Value $412,457 $412,457 N/A $237,530
5-Year CAGR 5.2% 5.2% N/A 7.4%
Avg Rent $891 $891 N/A -
Cap Rate 1.7% 1.7% - -
💡 Why Invest in 44627? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 44627 (Fredericksburg, OH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.7%
Low
5yr Growth
+5.2%
Moderate

📉 Market Crash Risk Index

Based on Wooster, OH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $412,457
Monthly Rent $891
Price-to-Rent 38.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.6%
Cap Rate 1.7%
5-Year IRR 6.9%

📈 Home Appreciation

1-Year +8.3% ▲
3-Year CAGR +1.2% ▲
5-Year CAGR +5.2% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). 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.

Vacancy
1.4%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.2%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 44627

Population: 7,299

💰 Median Household Income
$80,606
This area
$80,606
State
$68,496
USA
$74,580
🏠 Renter Occupied
18.8%
This area
18.8%
State
25.8%
USA
34.0%
💼 Unemployment Rate
0.1%
This area
0.1%
State
-9.1%
USA
3.7%
🎓 College Educated
5.0%
This area
5.0%
State
8.4%
USA
33.7%
👤 Median Age
26.3 years
This area
26.3 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
1.4%
This area
1.4%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 98.9%
Other/Mixed 0.9%
Hispanic/Latino 0.8%
Asian 0.1%
👶 Under 18
32.7%
This area
32.7%
USA
22.0%
👴 65 and Over
9.5%
This area
9.5%
USA
17.3%
📊 Poverty Rate
7.4%
This area
7.4%
USA
11.5%

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 44627

A Avg School Grade
1 Schools
13.5:1 Avg Class Size
$17,694 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Fredericksburg Elementary School

📚 K – 08 School
👥
127 Students
👨‍🏫
13.5:1 Class Size
💰
$17,694 Per Student
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

4 Nearby 433 Off-Campus Students
C
Ohio State University Agricultural Technical Institute
462 students · 8.8 mi
C+
The College of Wooster
1,876 students · 11.2 mi
D
University of Akron Wayne College
1,361 students · 13.7 mi
C+
Wayne County Schools Career Center
90 students · 13.7 mi

Frequently Asked Questions

Where do home prices stand in Fredericksburg, OH?

Fredericksburg, OH median home values land near $412K. That is reasonable territory for investors looking at $891/mo-per-month rentals.

Is Fredericksburg, OH a good market for buy-and-hold investors?

Investors tracking Fredericksburg, OH will find a 3.0/5 rating supported by $412K median home values and $891/mo rents. That profile suits long-term holders targeting consistent returns.

What is the best play in Fredericksburg, OH?

For Fredericksburg, OH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Does house hacking make sense in Fredericksburg, OH?

House hacking works a challenging in Fredericksburg, OH. Rents of $891/mo against $412K acquisition make the strategy solid for owner-occupants.

Are eviction rules reasonable in Fredericksburg, OH?

Fredericksburg, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

You know 44627 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 44627 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.

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How 44627 ranks in Wooster, OH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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