44609, Beloit, OH

Beloit, Ohio is located in the 44609 zip code. The median home value in this zip code is $128,000. The average home value in this zip code has increased by 5.5% over the past year and by 10% over the past five years. This growth is likely due to the strong economy and low interest rates.

The average mortgage rate in Beloit is 4.1%. This means that homeowners can borrow money at a low interest rate to buy a home. Additionally, Beloit has a relatively low unemployment rate of 3%. This means that there are many people who are able to afford to buy a home and borrow money against it.

There are many factors that contribute to the growth of home values in Beloit. These include population growth, increasing demand for housing due to an improving economy, and low interest rates. It is important to note that not all homes in Beloit have increased in value over the past year or five years; there are still plenty of homes available for sale at prices that reflect their worth based on current market conditions and trends.