Northwest Race Street

Property details·Syracuse, Meigs County, Ohio·2000422000

0.06Acres

Location & Identity

Address

Northwest Race Street

Syracuse, OH 45779

Meigs County

Parcel ID

2000422000

Coordinates

39.000885, -81.977852

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Building details

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Land & lot

Lot size
0.06 acres
Property type (local use code)
8001
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County context

Meigs County 2026 Insights

Meigs County, Ohio: Appalachian Affordability with a 30% Price Surge

Tucked along the Ohio River in the foothills of Appalachia, Meigs County is not a place that typically appears on real estate radar screens. With a median home price of just $95,000 — barely 30 cents on the dollar compared to the national median — this rural Ohio county has long been one of those quietly affordable places where working families could own a home without drowning in debt. But something shifted in the past year that analysts of rural America will want to pay attention to: prices jumped 30.7% year-over-year, one of the sharpest single-year moves you'll find anywhere in Ohio.

That number demands context. Meigs County isn't booming in any conventional sense. There are no tech campuses arriving in Pomeroy, no major infrastructure projects reshaping Middleport. What's more likely driving the surge is a combination of pandemic-era remote migration into affordable Appalachian communities, extremely thin inventory (only 235 tracked properties with 137 sales in the past 12 months), and the price floor effect — when homes are cheap enough, even modest dollar gains translate into dramatic percentage swings.

A County Carrying Real Economic Weight

The broader economic picture here is sobering. At $46,701, median household income sits nearly $30,000 below the national benchmark, and a poverty rate of 22.0% — with child poverty reaching 26.9% — places Meigs among Ohio's most economically distressed counties. Nearly one in four households receives SNAP benefits. Labor force participation at 49.4% is strikingly low, which partly reflects the county's older demographic profile (median age 43.8, with over 20% of residents aged 65 or above) and a disability rate of 22.0% that mirrors patterns seen across Appalachian Ohio where decades of physical labor in coal, manufacturing, and agriculture have taken their toll.

The limited English-speaking population of 16.8% is genuinely surprising for a county this rural and small — worth investigating further, as it may reflect data classification nuances rather than a large immigrant community.

Key Statistics

StatValueContext
Median Home Price$95,000less than 30% of national median
YoY Price Change+30.7%dramatic surge on thin inventory
Poverty Rate22.0%nearly double the national rate
Homeownership Rate75.4%well above national ~65% average

Ownership Without Wealth

Perhaps the most telling paradox in Meigs County's data: homeownership is high at 75.4%, yet wealth is scarce. This is a defining feature of rural Appalachian communities — families own their land across generations, but that ownership doesn't translate into appreciating equity or collateral for economic mobility. With a vacancy rate of 16.8% and a housing stock built around 1974, many of these owned homes carry significant deferred maintenance. The bottom 10% of listings start at $33,000; that's not affordable housing, that's distressed housing.

Renters, meanwhile, face real strain: 15.6% are severely rent-burdened despite a median rent of just $704, underlining how low incomes compress affordability even at these price points.


FAQs

What makes Meigs County, Ohio unique in real estate terms? Meigs County combines some of Ohio's lowest absolute home prices with one of its sharpest recent price appreciation rates — a rare combination that reflects both chronic rural disinvestment and a sudden surge of interest in affordable Appalachian communities. High homeownership alongside high poverty tells a generational land-ownership story that distinguishes it from urban-poor markets.

Is Meigs County, Ohio a good place to buy investment property? The math looks attractive on paper — $89 per square foot, a 30% price run-up, and median rents of $704 — but investors should weigh serious headwinds: a 16.8% vacancy rate, an aging housing stock, low local income growth, and an economy with limited employment drivers. It's a market for patient, long-horizon buyers who understand rural Appalachian dynamics, not a quick-flip opportunity.

Why is the labor force participation rate so low in Meigs County? At 49.4%, the rate reflects a confluence of factors: an older-than-average population, a disability rate of 22%, limited local employment options, and the geographic isolation that reduces commuting feasibility. With no public transit and 85.6% of workers driving alone, access to jobs in larger centers like Gallipolis or Athens requires reliable transportation that not everyone has.

Local market context

Our database includes 1,501 properties in Syracuse.

Syracuse offers affordable housing with an average price of $123,281.

With a price per square foot of just $81, this area offers excellent value for buyers.

Home prices in Syracuse are 9% lower than the Meigs County average.

MetricSyracuseMeigs Countyvs County
Average Price$123,281$135,185-9%
Avg Sq Ft1,5291,469+4%
Price/Sq Ft$81$92-12%
Properties1,50141,259-96%

Frequently Asked Questions About Syracuse, OH Real Estate

What is the average home price in Syracuse, OH?

The average home price in Syracuse, OH is $123,281, based on analysis of 1,501 properties in our database.

How many properties are tracked in Syracuse, OH?

Our database includes 1,501 properties in Syracuse, OH, providing comprehensive market coverage.

What is the price per square foot in Syracuse, OH?

The average price per square foot in Syracuse, OH is $81. This is calculated from an average home price of $123,281 and average size of 1,529 square feet.

What is the average home size in Syracuse, OH?

Homes in Syracuse, OH average 1,529 square feet, with an average price of $123,281.

How does Syracuse, OH compare to other cities in Meigs County?

Syracuse, OH is one of many cities in Meigs County, OH with property data available. Browse other cities in the county to compare market conditions and pricing.

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