43615, Toledo, OH

The 43615 zip code of Toledo, OH has a median home value of $101,000. This is a decrease from the median home value of $119,000 in 2007. The percentage of homes in this zip code that are valued at less than $50,000 has increased from 10% to 15%. The percentage of homes in this zip code that are valued at more than $200,000 has decreased from 60% to 50%.

There are several factors that could be contributing to the decrease in home values in the 43615 zip code. One reason could be the increase in foreclosures and short sales within this area. Another reason could be the increasing amount of student loan debt being carried by homeowners. Finally, there is speculation within the housing market which can also have an impact on prices.

Despite these decreases, there is still a large number of homeowners who own their homes outright or who have mortgage payments that are below 30% of their monthly income. Additionally, there is still a high demand for housing within this zip code which suggests that prices will continue to rise over time.