43123, Grove City, OH

The 43123 zip code of Grove City, OH is located in the northwest corner of Franklin County and has a population of just over 25,000. The median household income in this zip code is just over $75,000 and the median home value is just over $200,000. In terms of home equity, the homeowners in this zip code have an average equity balance of almost $130,000.

There are a number of factors that contribute to the high home values in this zip code. First and foremost, Grove City is located in one of the most affluent counties in Ohio. Secondly, there are a number of well-maintained homes available for sale in this area which means that there is strong demand for properties here. Finally, Grove City has seen very little growth over the past few years which has kept prices relatively stable.

Despite these positive factors, there are some potential risks associated with owning a home in Grove City. First and foremost, interest rates have been on the rise recently which could lead to higher mortgage payments down the road. Additionally, there may be limited opportunities for growth or development within this zip code which could lead to stagnant prices over time.