Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +17.0% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −22.2% YoY, is the number to watch.
The median listing price is up 17.0% YoY while the median home got up 5.3% bigger, so value per square foot is down 4.6%.
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.
Not shown: 8 BR (no price per sq ft reported).
At the median, a $111K purchase rents for $1,025/mo: 0.92% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price), 6 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 48 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 44509 itself, not its parent county.
Renters hold 39.8% of this ZIP's 4,893 occupied households, on a median household income of $37K.
| Measure | ZIP 44509 | Mahoning County | Difference |
|---|---|---|---|
| Median Household Income | $37K | $57K | -$20K |
| Below Poverty Level | 29.7% | 18.9% | +10.8% |
| Median Age | 41.50 | 43.20 | -1.70 |
| Total Population | 10,562 | 226,491 | -- |
| Avg Household Size | 2.13 | 2.25 | -0.12 |
| Owner-Occupied | 60.2% | 70.3% | -10.0% |
| Worked From Home | 8.3% | 9.8% | -1.5% |
| Mean Commute | 20.40 | 22.50 | -2.10 |
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.