43724, Caldwell, OH

The zip code of 43724 in Caldwell, Ohio has a median home value of $107,000 and a median home equity value of $120,000. These values are both above the national median home value of $77,500 and the regional median home equity value of $106,600. This indicates that the homes in this zip code are more valuable than average.

There are a number of factors that could contribute to the high home values in this zip code. Some potential reasons include the fact that Caldwell is located in a desirable area with plenty of amenities, the low unemployment rate (3.2%), and the strong economy overall. Additionally, many homeowners here have taken advantage of low interest rates over recent years to increase their equity holdings.

Despite these positive factors, there are also some potential risks associated with high home values in Caldwell. For example, if interest rates rise or if the economy weakens significantly, then many homeowners here may find it difficult to sell their homes at current prices. Additionally, if there is an influx of new residents into Caldwell who cannot afford to purchase homes at current prices – either because they don’t have enough money or because they can’t qualify for a mortgage – then prices could drop significantly.