Property Description

Spacious and ready for its next owner! This 4-bedroom, 2-bath ranch offers the convenience of one-floor living with plenty of room to spread out. Sitting on a generous half-acre lot, you'll love the outdoor space. Great for entertaining, gardening, pets, or simply enjoying the peaceful setting. Inside, the home features a functional layout with comfortable living areas. A new sliding glass door was recently installed that brings in natural light and easy access to the backyard. The 2-car garage provides extra storage and convenience. The new roof and furnace were installed in 2023 offering peace of mind for years to come. A new water heater and pressure tank were installed in 2025 giving additional security for future financial planning. Whether you're looking for more space, modern updates, or a move-in ready home, this ranch checks all the boxes!

262 Derby Downs Road | MLS# 226016164

This single family home located at 262 Derby Downs Road, Newark, OH 43055 is currently listed for sale with an asking price of $285,000. This property was built in 1969 and has 4 bedrooms and 2 full baths with 1576 sq. ft. Derby Downs Road is located in the Sherwood Downs, Lot 3 subdivision within the NEWARK CITY school district. Search Sherwood Downs, Lot 3 real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Crawl Space, Full

Cooling: Central Air

Days on Market: 16

Garage: 1 car attached

Heating: Forced Air

Home Style: Ranch

Lot Size: 0.51 Acres

Taxes: $2,876

Year Built: 1969

Feature Descriptions

Exterior: Shingle Siding, Vinyl Siding

Exterior Amenities: Waste Tr/Sys

Fireplace: Wood Burning, Gas Log

Flooring: Wood

Parcel #: 058-293598-00.000

Parking: Attached Garage

Local Schools

School District: NEWARK CITY

Market Trends

Licking County Residential Market Trend Graphs

Zip Code 43055

Source: Delta Media Group, Inc.

Demographics

Licking County Demographic Information for 262 Derby Downs Road, Newark, OH 43055

Fips

Fips Code 39089

Population

2020 to 2025 Change up 4.0%

2010 Count 166,492

2020 Count 178,519

2025 Estimate (V2025) 185,564

2020 Estimate (V2025) 178,513

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 22.3%

18 to 64 54.3%

65 and Older 18.2%

Gender

Male 49.4%

Female 50.6%

Place of Birth

Foreign 4.6%

US 95.4%

Education

High School Graduate, Age 25+ 93.5%

Bachelor's Degree or Higher, Age 25+ 29.3%

Computer and Internet use

Households with a computer 95.2%

Households with a broadband Internet subscription 92.4%

Language

English is Second Language, Age 5+ 6.8%

English is First Language, Age 5+ 93.2%

Veterans

Veterans 11,370

Income

Per Capita Income $42,609

Median Household Income $84,426

People in Poverty 9.2%

Commute

Average Work Commute Time 27 minutes

Housing

Total Housing Units 73,313

Households 68,620

Average Household Size 2.60

Owner-Occupied 73.7%

Multi-Family 17.2%

Owner-Occupied Median Value $275,200

Median selected monthly owner costs -with a mortgage $1,693

Median selected monthly owner costs -without a mortgage $631

Median gross rent $1,078

Building Permits

New Private Housing Issued 2024 156

Years at Residence

1 Year or More 90.7%

Less Than 1 Year 9.3%

Business and Employment

Private non-farm Establishments 3,277

Private non-farm Employment 77,088

Private non-farm Employment Growth up 2.2%

Nonemployer Establishments 13,733

Number of Firms 2,336

Business Production

Value of Shipments $3,385,197,000

Wholesale Trade $967,362,000

Retail Trade $2,497,946,000

Retail Sales Per Capita $14,653

Accommodation and Food Services $240,471,000

Land

Land Area 682.50 sq. miles

Population Per Square Mile 244

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,786.47 per month $1,463.68 Principal & Interest $239.67 Property Tax $83.13 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/25/2026. The listing information on this page last changed on 05/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 05/25/2026 12:02:43 AM EST) or Dayton MLS (last updated Sun 05/24/2026 11:46:43 PM EST) or CBRMLS (last updated Sun 05/24/2026 11:59:27 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 05/24/2026 11:53:27 PM EST) or NKY MLS (last updated Sun 05/24/2026 11:28:24 PM EST) or Wrist MLS (last updated Sun 05/24/2026 11:24:15 PM EST) or Firelands MLS (last updated Sun 05/24/2026 11:11:21 PM EST) or MLS NOW (last updated Sun 05/24/2026 11:57:29 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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