44233, Hinckley, OH

The 44233 zip code of Hinckley, OH has a median home value of $101,000 and a median home equity value of $146,000. This is higher than the national median home value of $77,500 and the regional median home equity value of $111,700. The zip code also has a high percentage of homeowners with a mortgage (69%) and a low percentage of homeowners with only cash or savings (10%).

The 44233 zip code is located in northeast Ohio and has seen an increase in home values over the past five years. The average price for homes in this zip code increased by 27% from 2012 to 2016. This is likely due to an influx of families who are looking for affordable housing near major cities such as Cleveland and Akron. Additionally, Hinckley is seeing an increase in jobs in the healthcare industry which contributes to higher wages and more disposable income.

Despite the recent uptick in prices, there are still many homes available for purchase in the 44233 zip code. In fact, there were 1,971 active listings as of February 2019 which is below the national average but above the regional average. This indicates that sellers are confident about current market conditions and are willing to list their homes at current prices.