43081, Westerville, OH

The 43081 zip code of Westerville, OH is located in Franklin County and has a population of approximately 105,000. The median household income in the 43081 zip code is $85,000 and the median home value is $175,000.

Since 2000, the Westerville area has seen a steady increase in home values. In 2000, the median home value was $130,000. By 2006, the median home value had increased to $160,000. The 2007-2012 period saw even more growth with the median home value increasing to $185,500 by 2012. This trend appears to be continuing as of 2016 with the median home value estimated at $205,700.

One factor that may have contributed to this increase in home values is that Westerville has been designated as a “Gold” level suburb by Forbes magazine. This designation indicates that Westerville has excellent schools and low crime rates which may attract buyers looking for safe neighborhoods to live in. Additionally, Westerville is located close to major employers such as Nationwide Insurance and Procter & Gamble which may also contribute to its high housing prices.

Despite this recent trend of increased prices within the 43081 zip code area there are still some opportunities for buyers who are interested in purchasing a property here. For example, according to Zillow’s analysis of data from Trulia®, homes within 1 mile of a grocery store (such as Kroger or Safeway) are typically worth about 10% more than homes further away from grocery stores (Zillow 2016). Additionally, homes within 1 mile of a park or recreation center are typically worth about 20% more than those located further away (Zillow 2016). So while it may be harder for buyers who are not familiar with Westerville or Franklin County to find properties here at lower prices than elsewhere in Columbus or Cleveland areas respectively - there are still some options available if you know where to look!