The story of this market
The typical home in ZIP 44481 sells for about $240,577, or $134 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $799 a month.
ZIP 44481 — Warren
The 44481 housing market is currently characterized by stable, modest price growth and a balanced inventory level. While the area faces challenges with higher vacancy rates and aging housing stock, it remains an affordable option for local buyers compared to the broader regional market. Market activity is driven by steady demand for single-family homes, though limited new construction keeps the inventory turnover relatively low.
This ZIP is well-suited for budget-conscious family buyers and long-term residents seeking affordability in the Youngstown-Warren market. It is less attractive to speculative investors due to slower price appreciation and higher vacancy risks.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 8.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 44481, Trumbull County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Warren area are generally higher than the national average, with property crime being the most frequently reported incident type. Local law enforcement continues to focus on community policing initiatives to address regional safety concerns.
Schools serving the 44481 area are primarily part of the Warren City School District, which faces ongoing challenges regarding academic performance and resource allocation. Many families in the area explore charter or private school options to supplement public education offerings.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional high winds. Flood risk is localized to specific low-lying areas near regional waterways, and property insurance premiums remain stable but sensitive to regional storm activity.
Economic momentum is driven by a mix of manufacturing, healthcare, and retail sectors within the Youngstown-Warren corridor. Infrastructure improvements are focused on maintaining existing transit routes, though large-scale commercial development remains modest compared to major metropolitan hubs.
Property taxes in Trumbull County are determined by the county auditor based on triennial updates and sexennial reappraisals. Tax rates include levies for local school districts, municipal services, and county-wide special districts, with homestead exemptions available for qualifying seniors and disabled residents.
Residents primarily rely on personal vehicles for commuting, with access to major regional arteries like State Route 82 and the Ohio Turnpike. Public transit options are limited, making the area most suitable for those working within the immediate Warren or Youngstown employment hubs.
The area offers access to local community parks and green spaces, with proximity to the Mahoning River for outdoor activities. Shopping and dining options are concentrated along the main commercial corridors of Warren, providing essential services within a short drive.
The rental market is characterized by a high share of single-family home rentals and a vacancy rate of approximately 10.9%. Demand is stable, though investors should note that rent growth has been modest compared to national averages.
The local economy is anchored by healthcare providers, manufacturing firms, and regional retail centers. It remains closely tied to the broader industrial health of the Youngstown-Warren metropolitan area.
The area is served by a network of state routes and local roads, with limited public bus transit provided by the Western Reserve Transit Authority. Commute times are generally short due to low traffic congestion.
Development is currently focused on small-scale infill projects and the rehabilitation of older residential properties. There are no major large-scale master-planned communities currently under construction in this ZIP.
The Trumbull County Auditor's office manages property assessments, conducting reappraisals every six years and triennial updates to ensure tax equity. Assessments are based on fair market value as determined by recent sales data.
Parcels are subject to various special levies, including those for the Trumbull County Educational Service Center and local fire/EMS districts. Utility districts are managed at the municipal level for water and sewer services.
Property insurance remains available and competitive, though premiums are influenced by regional exposure to severe weather events. Homeowners are encouraged to maintain adequate coverage for wind and storm damage.
Ohio has experienced modest net domestic migration shifts, with the Youngstown-Warren area seeing stable population levels as residents balance cost-of-living benefits against regional economic trends.
Ohio is a judicial foreclosure state, requiring court intervention to complete the process. This typically results in a longer timeline for lenders to reclaim properties compared to non-judicial states.
Ohio law requires sellers to provide a Residential Property Disclosure Form, detailing the condition of the home's major systems and any known material defects. This must be provided to the buyer prior to the closing of the sale.
Data retrieved from data.census.gov ZCTA 44481 profile tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A historic community park offering green space and recreational facilities.
Provides opportunities for fishing and local water-based recreation.
Hosts local concerts and community events throughout the summer.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.