43952, Steubenville, OH

Home Equity and Home Prices in the 43952 Zip Code of Steubenville, OH

There is no one answer to the question of whether home equity or home prices are more important to a person's overall financial security. For some people, their home equity is their primary source of wealth. For others, their home prices are more important. However, it is worth noting that both factors can be important in determining someone's overall financial security.

According to Zillow, the median home value in the 43952 zip code of Steubenville was $131,200 as of September 2017. This means that approximately 68% of homes in this zip code were worth more than $100,000 as of that date. Additionally, Zillow reports that the average monthly mortgage payment for homes in this zip code was $1,527 as of September 2017. This means that homeowners in this zip code typically pay less than 30% of their income on housing costs each month. This is significantly lower than the national average mortgage payment which is currently around 37%.

It should also be noted that there has been an increase in home values over the past few years in Steubenville. According to Zillow data from January 2015 through September 2017 there has been an increase of 12%. This indicates that there may be potential buyers who are interested in purchasing homes within this zip code at current prices.