Zip Code:

44405, Campbell, OH

44405 is a Ohio Zip code within the city of Campbell and the county of Mahoning County. Its population is roughly 7,895.

The Real Estate Market in the 44405 Zip Code of Campbell, Ohio

Campbell, Ohio is located in the 44405 zip code. The median home value in this zip code is $128,000. The median home equity in this zip code is $101,000. This means that the homeownership rate in this zip code is 66%.

There are a total of 1,827 homes in the 44405 zip code. Of these homes, 602 (32%) are occupied by their owners and 795 (68%) are occupied by renters. The average rent for an owner-occupied home in this zip code is $1,095/month and the average rent for a renter-occupied home in this zip code is $715/month.

The homeownership rate for the 44405 zip code has been increasing over time. In 2000, the homeownership rate was 50%. By 2010, it had increased to 66%. It has continued to increase since then and as of 2016, it stands at 66%. This indicates that there are more homeowners than renters in this area.

The reason why the homeownership rate has been increasing over time may be because of several factors. One reason could be that there are more people who want to own their own homes due to rising prices and decreasing rental rates. Another reason could be that there are more available homes available for purchase than there used to be a few years ago due to population growth and increased construction activity. Additionally, some people may have taken out mortgages or bought homes with HELOCs (home equity lines of credit) which allows them to borrow against their home equity without having to sell their house or take on additional debt payments.

Price Index: Youngstown-Warren-Boardman, OH-PA

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