43137, Lockbourne, OH

The Lockbourne, OH zip code 43137 has a population of just over 10,000 people and is located in the southwestern part of the state. The median household income in this zip code is just over $50,000 and the home equity value is around $225,000. This means that homeowners in this area have a significant amount of equity in their homes.

One reason that home equity values are high in this area is because there are relatively few homes for sale compared to other parts of the state. In fact, only about 4% of all homes for sale in Lockbourne are priced at or below $100,000. This means that most buyers who want to purchase a home here must be willing to pay more than average prices for properties.

Another factor that contributes to high home equity values in this area is the low unemployment rate. As of May 2016, the unemployment rate was just 2%. This means that there are plenty of jobs available for people who want them and it’s difficult for potential homeowners to find someone who wants to sell their home quickly. Therefore, many homeowners here have been able to hold on to their homes for a long time without having to worry about losing them due to market conditions.