Zip Code:

44438, Masury, OH

44438 is a Ohio Zip code within the city of Masury and the county of Trumbull County. Its population is roughly 4,360.

The Real Estate Market in the 44438 Zip Code of Masury, Ohio

Masury, Ohio is located in the 44438 zip code. According to the 2010 census, the population of Masury was 1,851. The median household income in Masury was $41,914 and the median family income was $50,000. The per capita income in Masury was $20,711. In 2009, there were 527 homes sold in Masury for an average price of $92,500.

The average home value in Masury is $111,600. The median home value is significantly higher than the national average of $157,700. This indicates that homes are generally selling at a higher price than they would elsewhere in the country. Additionally, there has been an increase in home equity values over time; as of 2010 there were 527 homes sold for an average price of $92,500 which represents a growth rate of 9%. This indicates that homeownership rates and home prices are both increasing within this zip code.

There are several factors that could be contributing to these high home values and high homeownership rates within Masury:

-The location - Masury is located within a desirable area with plenty of amenities and opportunities nearby such as Cleveland Hopkins International Airport and Lake Erie beaches

-The quality of construction -Most homes within this zip code are built to high standards with features like granite countertops and stainless steel appliances

-Low interest rates -Since 2007 mortgage rates have remained relatively low which has helped to increase homeowner equity values

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

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