43068, Reynoldsburg, OH

The 43068 zip code of Reynoldsburg, Ohio has a population of around 27,000 people. The median household income in this zip code is $75,000, and the median home value is $158,500. Reynoldsburg is a suburb of Columbus, Ohio and has seen a significant increase in home values over the past few years. In 2016, the median home value was up 8.5% from 2015. This trend seems to be continuing into 2017 as the median home value increased by 2.8% from December 2016 to December 2017.

One reason for this increase in home values may be due to the low interest rates available on mortgages these days. The average interest rate on a 30-year fixed-rate mortgage in Reynoldsburg was 3.59% as of December 2017 according to Zillow data. This compares favorably with the national average interest rate of 4%. Another contributing factor may be that Reynoldsburg is located near many high-demand areas such as Downtown Columbus and Short North Districts which are both experiencing growth rates above 5%.

While there are many reasons why home values have increased in this zip code over the past few years, it's important to remember that prices can change quickly and without warning so it's always important to consult with a real estate agent or mortgage lender if you're interested in purchasing or refinancing a property in this area.