43515, Delta, OH

Home Equity and Home Prices in the 43515 Zip Code of Delta, Ohio

The 43515 zip code of Delta, Ohio has a median home value of $128,000. This is lower than the national median home value of $177,500. The percentage of homes in this zip code that are valued at less than $100,000 is also lower than the national percentage of homes that are valued at less than $100,000. The percentage of homes in this zip code that are valued at more than $200,000 is higher than the national percentage of homes that are valued at more than $200,000.

The average home value in this zip code increased by 5% from 2016 to 2017. This was slower growth compared to other nearby zip codes which saw an increase in their average home values by 10% or more during this same time period.

There are a number of factors that could be contributing to slower growth in Delta’s home values over the past two years. One possibility is that there may be fewer opportunities for buyers who want to purchase a home within this area due to current market conditions and low unemployment rates. Additionally, many homeowners who have been able to maintain their property values may be older and have larger mortgages which would make it difficult for them to sell if they wanted to move or downsize their residence.