Location: Tuscarawas County, OH | Metro: Tuscarawas County, OH
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 | $930 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,530 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,230 | $187,766 | 0.66% | D |
| 3BR | $1,530 | $246,528 | 0.62% | D |
| 4BR | $1,800 | $321,672 | 0.56% | F |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 44622, Dover, Ohio, presents a nuanced picture for both landlords and small-portfolio investors. With a median home value set at $226,456, the area reflects a stable housing price environment. However, the recent trend of 0.1% of listings being reduced signals a minor shift towards sellers potentially adjusting their prices due to market conditions. This slight reduction, combined with the unavailability of the median days on market (DOM), suggests that while there isn't a significant rush to sell properties, some flexibility in pricing might be necessary to maintain liquidity.
The rental market provides an additional layer of insight into the local economy's health and demand for housing. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $1,160, whereas the current market rent stands at $981 based on Census ACS data. This gap indicates a potential upward pressure on rents as the market adjusts to align with the projected FMR. Landlords and investors can leverage this trend by gradually increasing rents to approach the FMR level, ensuring they remain competitive and profitable.
For long-term hold investors, the setup points towards a moderate appreciation thesis. The stable median home value, coupled with the modest increase in rental rates, suggests a steady growth trajectory rather than explosive gains. Investors should expect annual appreciation rates to hover around the national average, which has historically been between 3% to 5%. This steady pace allows for consistent asset value growth without the volatility seen in more dynamic markets.
Summary:
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.