43606, Toledo, OH

Home Equity and Home Prices in the 43606 Zip Code of Toledo, OH

The 43606 zip code of Toledo, OH has a median home value of $101,000 and a median home equity value of $77,000. These values are lower than the statewide median home value of $128,500 and statewide median home equity value of $123,200. The 43606 zip code also has a lower than average rate of homeownership at 63%. This is likely due to the high levels of unemployment in this area. Additionally, many families are choosing to rent instead of purchase homes due to the high levels of unemployment in this area.

Despite these low levels of home equity and homeownership, there is still strong demand for homes in the 43606 zip code. This is likely due to the low rates of unemployment and poverty in this area. Additionally, many families are choosing to live close to their work locations because they cannot afford to live further away from their jobs.

Overall, it appears that there is strong demand for homes in the 43606 zip code despite low levels of home equity and homeownership. Families who are looking for affordable housing options should consider this area when searching for a new residence.