44485, Warren, OH

Warren, Ohio is located in the Cincinnati metropolitan area. The 44485 zip code covers a total of 10.5 square miles and has a population of approximately 54,000 people. Home prices in Warren have increased significantly over the past few years, with median home prices reaching $130,000 as of January 2017.

The majority of homes in Warren are owner-occupied, with around 78% of households owning their home outright or having a mortgage that is less than 80% of the value of the home. Around 12% of households in Warren are renters, while 3% are living in public housing units.

The average age of homes in Warren is around 39 years old, which is slightly older than the national average. The percentage of homes that are vacant has decreased over the past few years, from around 15% to around 10%. This suggests that there is strong demand for housing in Warren and that buyers are able to find properties that meet their needs.

One factor that has contributed to the increase in home prices in Warren is the low unemployment rate – currently at 3%. This low unemployment rate means that there are more jobs available for people who want them and it makes it easier for people to afford a home without having to take on extra debt. Additionally, interest rates have remained relatively low over the past few years which has also helped to drive up prices.