43128, Jeffersonville, OH

Home Equity and Home Prices in the 43128 Zip Code of Jeffersonville, OH

When people think about home equity, they often think about how much money they have left over after they have paid off their mortgage. However, there are other ways to measure home equity. One way to measure home equity is to look at how much money a homeowner has left over after paying all of their bills and debts. This is called net worth. In the zip code of 43128, the median net worth is $137,200. This means that half of all homeowners in this zip code have more net worth than $137,200. The average net worth for all zip codes in Ohio is $146,500.

Another way to measure home equity is to look at how much a homeowner could sell their house for if they wanted to. This is called market value. In the zip code of 43128, the median market value is $130,000. This means that half of all homeowners in this zip code could sell their house for more than $130,000 if they wanted to do so. The average market value for all zip codes in Ohio is $138,700.

So what does this mean for home prices? It means that homes in the 43128 zip code are generally selling faster and at a higher price than homes in other parts of Ohio or across the United States as a whole. For example, according to Zillow’s latest data (as of February 2019), the median list price for homes in Jeffersonville was $169/sqft – which was 5% above the national median list price ($165/sqft). Meanwhile, Zillow’s latest data shows that homes in Columbus were selling for an average list price of $158/sqft – which was 2% below the national median list price ($161/sqft). So while there may be some variation from neighborhood to neighborhood within Jeffersonville (due to factors like size and age), on average homes here are selling faster and at a higher price than elsewhere in Ohio or across America as a whole