Property listing for 2954 Megan Circle, Youngstown, OH 44505
ActiveSingle Family Home

$95,000

2954 Megan Circle, Youngstown, OH 44505

Affordable 4-Bed Ranch on a Level .16-Acre Lot in Bailey Center

4 Bed · 2 Bath · 1,366 Sq Ft

One-story, 1,366 SF home with central air and 1-car garage — ideal for buyers or investors

4

Beds

2

Baths

1,366

Sq Ft

2004

Built

0.16 acres

Lot

1-car attached

Garage

About 2954 Megan Circle

What stands out first at 2954 Megan Circle is the quiet, level lot — a practical 0.16-acre parcel with 62 feet of frontage that makes yard care simple and everyday access effortless. This single-story ranch (1,366 SF) was built in 2004 and presents a clean, well-maintained layout that favors functional living: a generous living room, an eat-in kitchen, four bedrooms, and two full bathrooms. The single-level plan appeals to anyone seeking easy circulation and low-maintenance ownership.

Construction details are straightforward and durable: vinyl siding, an asphalt-shingle roof, forced-air heating and central air for year-round comfort, and a one-car attached garage with a driveway. Inside, rooms are sized for everyday living — bedrooms with adequate closet space, an eat-in kitchen for casual meals, and a living room sized to accommodate both family gatherings and quiet evenings. The property is described in good condition and ready for immediate occupancy, making it attractive to first-time buyers and investors alike.

Location is an understated asset. Nestled in Youngstown’s Bailey Center neighborhood, the home sits 0.2 miles from Coitsville-Hubbard Road for convenient access to transit routes and about 1.5 miles from Lincoln Knolls Plaza for routine shopping. Healthcare and education are close by — St. Elizabeth Youngstown Hospital and Youngstown State University are within a short drive — and recreational options such as Crandall Park and Mahoning Country Club are a few minutes away.

From an investment perspective, recent comparable sales in the neighborhood place the market between $90,000 and $100,000, with an estimated midpoint near $95,000 and potential rental income around $800–$900/month based on local comps. Taxes and assessments are modest. Buyers should still complete all standard due diligence: verify HVAC, roof and plumbing condition and confirm lot lines. With its single-level convenience, central air, and affordable price point, this ranch offers a practical, low-fuss opportunity for owner-occupiers and rental investors seeking stable, modest-growth neighborhoods in Youngstown.

Home Highlights

Move-in ready conditionBuilt in 2004 — single-level ranch1,366 SF with 4 bedrooms and 2 full bathsCentral air and forced-air heating1-car attached garageLevel, low-maintenance 0.16-acre lotEstimated rent $800–$900/month (investor potential)

Property Features

Interior Features

  • 1,366 square feet single-story ranch layout
  • 4 bedrooms, 2 full bathrooms
  • Eat-in kitchen
  • Spacious living room
  • Central air conditioning
  • Forced-air heating
  • No basement

Exterior & Lot

  • Level 0.16-acre lot (approx. 6,969.6 SF)
  • 62 ft frontage on Megan Circle
  • 1-car attached garage with driveway
  • Vinyl siding
  • Asphalt shingle roof
  • Easy-to-maintain yard

Location & Neighborhood

  • Bailey Center neighborhood — quiet residential setting
  • 0.2 mi to Coitsville-Hubbard Road for quick access
  • Lincoln Knolls Plaza (1.5 mi) — shopping and services
  • Youngstown State University (3.5 mi)
  • St. Elizabeth Youngstown Hospital (3.2 mi)
  • Crandall Park (2.8 mi) and Mahoning Country Club (2.5 mi)

Walkability & Recreation

  • Walkability Rating: 40/100 — Car-Dependent
  • Nearby parks and green spaces: Crandall Park (2.8 mi)
  • Golf courses: Mahoning Country Club (2.5 mi)
  • Nearby anchors: Lincoln Knolls Plaza and local retail within 2 miles
  • Easy driving access to Youngstown State University and healthcare facilities

Neighborhood & Location

Bailey Center is a quiet, affordable residential neighborhood in Youngstown that combines suburban calm with convenient access to nearby retail and services. Residents appreciate short drives to Lincoln Knolls Plaza for shopping, easy access to Youngstown State University, and proximity to medical services such as St. Elizabeth Hospital. The community offers practical living for first-time buyers and investors, with parks like Crandall Park and local recreation options a short drive away. School ratings in the Youngstown City School District are average, and the neighborhood’s stability and modest price points attract value-minded buyers.

Market Insights

Local market indicators point to a buyer’s market with moderately available inventory. Within this pocket of Youngstown (Bailey Center), median sale prices sit around $95,000 and recent comparable sales over the past six months cluster between $90K–$100K. Inventory is roughly three months’ supply and homes average about 45 days on market — faster than deeper markets but slow enough that buyers retain negotiating leverage. One-year appreciation is essentially flat (+2%), while a longer five-year view shows modest growth (~10%), consistent with a market driven by affordability rather than rapid appreciation.

Single-family ranch homes in this price band typically attract first-time homebuyers and small-scale investors; rental comps suggest monthly rents in the $800–$900 range and a gross rental yield near 10.7% based on estimated rents. For buyers targeting cash-flow or entry-level ownership, current conditions are attractive: mortgage rates and financing packages aside, inventory and days-on-market give buyers room to make reasonable offers. Sellers should be prepared for market scrutiny on condition and system reports; buyers should prioritize inspection of major systems (HVAC, roof, plumbing) given the home’s 2004 construction date. Overall, this is a pragmatic opportunity in a stable, affordable neighborhood.

Nearby Schools

Martin Luther King Jr. Elementary School

Elementary

4/10

East Middle School

Middle

3/10

East High School

High

4/10

Walkability & Recreation

40
Walkability
60
Recreation

Good access to local recreation with Crandall Park and Mahoning Country Club within three miles, nearby shopping for everyday needs, and easy drives to university and hospital facilities.

Investment Highlights

  • Affordable 4-bedroom, 2-bathroom ranch built in 2004
  • Central air conditioning and attached garage
  • Proximity to shopping centers, schools, and parks
  • Stable neighborhood with modest appreciation potential
  • Suitable for first-time homebuyers or rental investment

Key Findings

  • Assessed value $13,540 (land $1,560, improvements $11,980) — annual taxes $1,227.32
  • Zoned R-1 — Single Family Residential
  • Comparable sales within 1 mile in last 6 months range $90K–$100K
  • Average days on market in area: 45 days (buyer's market)

Things to Consider

  • Built in 2004 — recommend inspection of major systems
  • School ratings are average — may impact family buyer interest
  • Limited appreciation potential based on historical trends

Opportunity Analysis

Affordable, well-maintained ranch in a stable neighborhood with potential for rental income or first-time homeownership. Proximity to amenities adds to its appeal.

Potential Use Scenarios

  • Potential primary residence for first-time homebuyers
  • Rental property with estimated rent of $800–$900/month
  • Long-term hold with modest appreciation potential

Risk Factors

  • Average school ratings may deter some family buyers
  • Limited appreciation potential based on historical trends
  • Recommend inspection of major systems due to age

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$90K

Midpoint

$95K

High

$100K

$69.55/SF estimated price per square foot

85% confidence

Sales comparison approach using 3 comparable sales within 1 mile sold in last 6 months. Adjusted for size, condition, and age. Assessed value of $13,540 appears below market due to standard assessment practices.

As of 2026-04-30

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$95,000
Avg Days on Market45 days
Inventory3 months
1-Year Appreciation+2.0%

Demographics

Population (1 mi)8,000
Median Income (1 mi)$35,000

Stable population with modest income levels. Walkability Rating estimate: 40/100.

Nearby Points of Interest

  • Lincoln Knolls Plaza (1.5 mi)
  • Youngstown State University (3.5 mi)
  • St. Elizabeth Youngstown Hospital (3.2 mi)
  • Crandall Park (2.8 mi)
  • Mahoning Country Club (2.5 mi)

Quiet residential neighborhood with proximity to shopping centers, educational institutions, healthcare facilities, parks, and recreational amenities.

School District

DistrictYoungstown City School District
ElementaryMartin Luther King Jr. Elementary School (4/10)
MiddleEast Middle School (3/10)
HighEast High School (4/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2004
Constructionvinyl siding
Stories1
Roofasphalt_shingle
Heatingforced air
Coolingcentral air
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.16 acres (6,969.6 SF)
Topographylevel
Parkingattached_garage
Parking Spaces1
Frontage62 ft frontage on Megan Circle

Utilities

Waterpublic
Sewerpublic
Electricmunicipal
Gasmunicipal

Zoning & Land Use

Zoning CodeR-1
DescriptionSingle Family Residential
JurisdictionCity of Youngstown

Allowed Uses

single familyhome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$13,540
Land$1,560
Improvements$11,980
Annual Tax (2024)$1,227.32

Sale History

2004-06-15$95,000

$69.55/SF

New construction sale

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