43207, Columbus, OH

The 43207 zip code of Columbus, OH is one of the most popular areas in the city. Home values in this area have increased significantly over the past few years, making it a desirable place to live. According to Zillow, the median home value in this zip code was $172,500 as of September 2017. This represents a growth rate of 7.4% over the past year and a growth rate of 10.5% over the past three years.

One reason for this increase in home values is that there are many homes available for sale in this area. According to Trulia, as of September 2017 there were 191 homes for sale in this zip code. This is compared to only 116 homes for sale as of March 2016 and only 97 homes for sale as of September 2015. This indicates that there has been an increase in demand for housing in this area over the past few years.

Another factor contributing to the increase in home values is that interest rates have remained low since the financial crisis ended in 2009. This has made it more affordable for people to buy homes and invest their money into them instead of using it elsewhere (such as stocks). Low interest rates also make it easier for people to borrow money against their home equity, which has helped fuel further increases in home values throughout Columbus, OH and other parts of the country.

Overall, it appears that there are many reasons why home values have increased significantly throughout Columbus, OH over recent years. The availability of quality housing combined with low interest rates has made this area one of the most desirable places to live on Earth today