43612, Toledo, OH

The 43612 zip code of Toledo, OH has a median home value of $109,900 and a median home equity of $104,500. This is lower than the national median home value of $177,500 and the regional median home equity of $112,000. The 43612 zip code also has a lower than average homeownership rate at just 54%. This is likely due to the high unemployment rate in this area as well as low incomes.

Despite these challenges, there are some positive indicators for homeowners in the 43612 zip code. For example, the average time it takes to sell a home in this area is just under nine months. Additionally, homes in this area are typically sold at or above asking price which suggests that there is strong demand for housing in this area. Finally, homeownership rates are higher than average for areas with similar levels of unemployment and income. These factors suggest that despite challenges such as low incomes and high unemployment rates, there is still potential for homeownership growth in the 43612 zip code over time.