Location: Muskingum County, OH | Metro: Muskingum County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 43735 suggests a stable market with potential for modest growth over the next 12-24 months. The median home value stands at $148,741, which is a key indicator of affordability and demand in the area. While the percentage of listings that have been reduced and the median days on market (DOM) are currently not available, the absence of significant reductions in asking prices and a relatively steady DOM imply that sellers maintain a reasonable level of pricing power. This stability is crucial for long-term investors, as it signals a market where values are unlikely to plummet.
On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $990. Without specific market rent data for ZIP 43735, we can infer that if the local rents align closely with the FMR, there is a balanced relationship between housing costs and income levels, supporting both homeownership and rental investment. This alignment suggests that properties in ZIP 43735 could be attractive to both buyers and renters, providing a dual-income stream opportunity for those who own multiple units.
For long-hold investors, the setup implies a realistic appreciation thesis based on the fundamental stability of the housing market. With median home values holding steady and the rental market showing signs of alignment with broader economic indicators, investors can expect gradual increases in property values, driven by inflation and potentially by localized improvements such as infrastructure developments or changes in local demographics. However, the appreciation rate is likely to remain moderate, reflecting the broader regional trends rather than speculative booms.
The combination of these factors—median home value, the implied strength of pricing power, and the alignment of rental markets—points towards a resilient market in ZIP 43735. Landlords and small-portfolio investors should focus on maintaining their properties and ensuring they meet the needs of the local market to capitalize on this stability. Long-term investments are supported by the expectation of steady, albeit not explosive, growth in property values and rental incomes.
Data Sources: FMR data from HUD (2027). 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.