43512, Defiance, OH

The 43512 zip code of Defiance, OH is located in the southeast corner of the state and includes a population of just over 25,000 people. The median home value in this zip code is $106,500, which is considerably lower than the statewide median home value of $181,600. However, Defiance's home equity values are still higher than most other zip codes in Ohio. In fact, according to Zillow's Home Value Index data for 2017, Defiance's home equity values are above the national average by 5%.

One reason for this discrepancy may be that Defiance has a high percentage of owner-occupied homes (63%), which tends to increase home equity values. Additionally, there are relatively few homes that are worth more than $1 million in this zip code. Finally, Defiance has a low unemployment rate (3%) and a high percentage of adults with at least some college education (41%). These factors may contribute to higher home values and stronger home equity markets.