44481, Warren, OH

Warren, Ohio is located in the northwest corner of the state and has a population of just over 41,000. The 44481 zip code covers a total area of just under 10 square miles and has a median home value of $128,000. Home equity in this zip code is relatively high compared to other areas of the state. In fact, according to Zillow’s recent report on Ohio home values, Warren ranks as the fifth most valuable zip code in Ohio with a median home value above $100,000.

One reason for this high level of equity may be Warren’s strong economy. The city has seen steady growth over the past few years and unemployment rates are low – both factors that can contribute to increased home values. Additionally, Warren is located within close proximity to several major metropolitan areas – Columbus (just over an hour away), Cleveland (just over two hours away), Cincinnati (just over three hours away) and Toledo (just over four hours away). This combination of factors may help explain why homes in Warren are so valuable.

Despite these positive factors, there are some challenges facing homeowners in Warren. One issue is that the city has seen an increase in crime rates recently – particularly violent crime rates – which could lead some potential buyers to shy away from homes in this area. Additionally, while prices have been increasing steadily throughout much of Ohio since 2012, they have not yet reached levels seen elsewhere in the state or country. This could indicate that there may be room for further appreciation in Warren homes if current trends continue.