43607, Toledo, OH

The 43607 zip code of Toledo, OH has a median home value of $128,000 and a median home equity value of $111,000. The 43607 zip code is one of the more affordable zip codes in the area with a median home value below the statewide median home value. Home values in this zip code are also relatively stable over time with only modest fluctuations from year to year.

Home equity is important for many reasons. It can provide homeowners with a buffer against economic downturns and allow them to take advantage of opportunities such as refinancing or purchasing a new home. Additionally, homeowners may use their home equity to pay down debt or invest in other assets. In general, it is likely that homeowners who have more equity in their homes are better positioned than those who do not to weather difficult financial times.

While there are some factors that may influence home values in the 43607 zip code, including location and size of the property, overall market conditions seem to be relatively stable over time which may help contribute to high levels of homeowner equity.