Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +15.5% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, +17.2% YoY, is the number to watch.
The median listing price is up 15.5% YoY while the median home got up 3.1% bigger, so value per square foot is down 14.1%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $80K purchase rents for $1,000/mo: 1.25% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 1 BR (rent only, no matching sale price), 6 BR (sale only, no matching rent).
Sales here take about 20 days longer to go under contract than rentals.
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented).
Not shown: Condo (no rent per sq ft reported).
U.S. Census ACS characteristics for ZIP 44502 itself, not its parent county.
Renters hold 51.2% of this ZIP's 3,628 occupied households, on a median household income of $31K.
| Measure | ZIP 44502 | Mahoning County | Difference |
|---|---|---|---|
| Median Household Income | $31K | $57K | -$26K |
| Below Poverty Level | 48.5% | 18.9% | +29.6% |
| Median Age | 29.50 | 43.20 | -13.70 |
| Total Population | 9,594 | 226,491 | -- |
| Avg Household Size | 2.47 | 2.25 | +0.22 |
| Owner-Occupied | 48.8% | 70.3% | -21.5% |
| Worked From Home | 7.1% | 9.8% | -2.7% |
| Mean Commute | 18.10 | 22.50 | -4.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.3% to 226,491: residents under 18 are down 0.5% and those 65 and over are up 1.8%.
County median household income is $57K, 18.9% of residents are below the poverty level, 9.8% work from home.