Location: Champaign County, OH | Metro: Springfield, OH MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $850 | $129,227 | 0.66% | D |
| 2BR | $1,070 | $191,869 | 0.56% | F |
| 3BR | $1,390 | $260,313 | 0.53% | F |
| 4BR | $1,510 | $326,803 | 0.46% | F |
| 5BR | $1,752 | $392,738 | 0.45% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 43078, Ohio, reveals a unique set of conditions that are pivotal for both landlords and small-portfolio investors. The median home value stands at $234,782, indicating a stable housing market. With only 0.3% of listings experiencing reductions, it's clear that sellers maintain strong pricing power. This minimal reduction rate suggests that homes are generally selling close to their asking prices, reinforcing the notion of a resilient seller's market.
A further indicator of this strength is the median days on market (DOM) of 15 days. Such a low DOM reflects high demand and swift sales, which typically occur when buyers are eager and willing to meet the seller’s price without negotiation. Consequently, landlords and investors can expect to retain their pricing power over the next 12 to 24 months, assuming the broader economic environment remains stable.
On the rental side, the Federal Market Rent (FMR) for ZIP 43078 in fiscal year 2024 is projected to be $910, while the current market rent averages $941 according to the Census ACS. This slight gap between the FMR and actual market rents signals that landlords have some room to adjust their rents without significantly deterring tenants. However, it also suggests that the rental market is approaching equilibrium, where significant increases could lead to tenant loss if they find better deals elsewhere.
For long-term investors, the appreciation thesis in ZIP 43078 is modest but present. The combination of a stable median home value, minimal listing reductions, and rapid sales points towards steady growth rather than explosive appreciation. Realistically, investors should anticipate an annual increase in property values aligned with inflation rates, likely around 2% to 3%. This projection is based on the current market dynamics and historical trends, avoiding speculative predictions.
In summary, ZIP 43078 presents a balanced opportunity for investors. While pricing power is evident, it's crucial to align rental rates with market expectations to maintain occupancy. Long-term appreciation is expected to be moderate, offering a reliable investment vehicle without the promise of substantial gains.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.