42361, Olaton, KY

The 42361 zip code of Olaton, KY has a median home value of $101,000 and a median home equity value of $146,000. This is higher than the national median home value of $77,500 and the regional median home equity value of $106,700. The 42361 zip code also has a higher than average percentage of homes with mortgages at 85%. This is likely due to the high demand for housing in this area and the availability of affordable mortgage options.

There are many factors that contribute to the high home values in the 42361 zip code. The area is affluent and has a high demand for housing. There are also many homeowners who have been able to maintain their homes over time by refinancing or using equity from previous sales. Additionally, there is a strong economy in Olaton which leads to more jobs and income growth. These factors have led to an increase in house prices over time.