Trumbull County · Youngstown-Warren-Boardman · population 38,683
Where Warren stands
At or near all-time high. home values up 7.8% in the last year. averaging 9.2% annual growth over 5 years. rents up 6.8% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 9.9 price-to-rent ratio, buying generally beats renting in Warren on a long-enough horizon. The headline math is that one year of mortgage payments approximates 9.9 years of rent — well below the 15+ threshold where ownership starts to dominate.
How the momentum score breaks down
methodology →Warren has averaged 9.2% annual appreciation over five years and the trend is still live (+7.8% in the last 12 months). When a momentum trade keeps working, the simplest explanation is usually correct: more people want in.
Warren's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Warren
Warren is a city in Trumbull County, Ohio, with an estimated population of 38,683. It anchors the Youngstown-Warren-Boardman metro area. The median home value in Warren is $125,835 as of 2026-04, up 7.8% over the last 12 months. Over the last five years, home values have averaged +9.2% annual growth, with prices at or near the 5-year peak. Rents in Warren average $1,056 per month, up 6.8% year-over-year. The composite momentum score is 79 of 100 (Hot). Buyers should expect competition and limited negotiation room in this market.
▲ Bull case
▼ Bear case
About Warren (Wikipedia)
Warren is a city in Trumbull County, Ohio, United States, and its county seat. The population was 39,201 at the 2020 census. Located along the Mahoning River, Warren lies approximately 14 miles (23 km) northwest of Youngstown and 56 miles (90 km) southeast of Cleveland. It was the historical county seat of the Connecticut Western Reserve and is a principal city of the Mahoning Valley metropolitan area in Northeast Ohio.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
Playbook
Expect competition, escalation clauses, and pressure to waive inspections. Make your strongest offer up front — Hot markets reward decisiveness, not negotiation. If you can't write a clean offer, you may not be the best fit for this market right now.
Price slightly above recent comps and let multiple offers work. Days-on-market should be short. Don't accept the first offer in the first 48 hours unless it's significantly above ask.
Cap rates are still workable thanks to a reasonable price-to-rent ratio. Buy-and-hold math works if the trend continues; underwrite a moderate slowdown to be safe.
Local safety & alerts
No active National Weather Service alerts for Trumbull County right now.
Public-safety links are official .gov sources, not curated by us. Trumbull County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Warren
2 tracked · ranked by median home valueCities like Warren
Run the numbers for Warren
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Warren listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- Lyndell Lamont Bernard, Warren, OhioWKBN.com · 8h ago
- Naomi Rebecca Smith, Warren, OhioWKBN.com · 12h ago
- Marcella Marshall, Warren, OhioWKBN.com · 1d ago
- Man sentenced to prison for Warren arson that destroyed homeWKBN.com · 1d ago
- Mary A. Pakulniewicz, Warren, OhioWKBN.com · 1d ago
- Alphonso L. “Al” Sabino, Warren, OhioWKBN.com · 2d ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local sports teams
Major professional teams the Youngstown-Warren-Boardman area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Warren
Explore other places with comparable momentum or affordability.