44074, Oberlin, OH

The 44074 zip code of Oberlin, OH has a median home value of $128,000. The city has a population of just over 10,000 people and is located in Lorain County.

There are a number of factors that can affect the home equity and home prices in any given zip code. In Oberlin, the main drivers of home values are likely to be local market conditions (such as job growth or declines), interest rates, and availability of housing.

Generally speaking, Oberlin is a relatively affordable city compared to other areas in Ohio. The median household income here is just over $50,000, which is lower than both the state average ($57,617) and national average ($53,657). However, there are still some areas in Oberlin where prices are higher than average – notably around the University campus.

Despite these fluctuations however, overall the 44074 zip code remains relatively stable when it comes to home values. This suggests that there is plenty of opportunity for buyers who are looking for good value in an area that isn’t too far from major metropolitan areas like Cleveland or Columbus.