43716, Beallsville, OH

Home Equity and Home Prices in the 43716 Zip Code of Beallsville, OH

The home equity and home prices in the 43716 zip code of Beallsville, OH are very high. The median home value in this zip code is $269,000, which is more than triple the national median home value of $123,500. Additionally, the percentage of homes that are owned outright (without a mortgage) is significantly higher in this zip code than in most other areas of the country. This suggests that there are a lot of people who have a lot of equity in their homes. In fact, according to Zillow’s 2018 Home Value Index report, the 43716 zip code has the highest percentage of homeownership among all U.S. ZIP codes with over 100,000 residents.

There are several reasons why home values and homeownership rates are so high in this zip code. First, Beallsville is located near many major cities and has good access to transportation and jobs. Second, there is a strong demand for housing here because it is an affluent area with plenty of jobs and opportunities for growth. Third, many people who live in this zip code have invested a lot of money into their homes over time and they aren’t likely to want to sell anytime soon because they believe that prices will only continue to rise. Fourth, there is little risk associated with owning a home here since property values haven’t experienced any significant declines recently (although they may experience small fluctuations from time to time). Finally, Beallsville has low levels of foreclosure activity relative to other parts of Ohio which may also contribute to high home values and homeowner rates here.