44644, Malvern, OH

The 44644 zip code of Malvern, OH is located in the northwestern part of the state and has a population of approximately 11,000. The median household income in this zip code is $101,000, which is considerably higher than the statewide median household income of $58,046. Home prices in this zip code have increased significantly over the past several years and are now among the highest in Ohio.

According to Zillow’s recent report on home prices in Ohio, the median home price in the 44644 zip code was $269,900 as of January 2018. This represents an increase of almost 60% from January 2017 when the median home price was $158,500. In comparison, Zillow reports that the statewide median home price was $183,200 as of January 2018. This indicates that Malvern homes are considerably more expensive than homes across Ohio as a whole.

One possible explanation for this high level of home prices in Malvern may be its proximity to major metropolitan areas such as Cleveland and Columbus. These cities are both well-known for their high levels of economic activity and strong job markets, which may have led to increased demand for housing within close proximity to these areas. Additionally, Malvern is located within a desirable area known as “The Villages” which consists of many affluent suburbs such as Westlake Village and Pepper Pike. These suburbs may also contribute to higher levels of home values by providing additional options for buyers who want to purchase a house but don’t want to live in an urban environment.

Despite these high levels of home values, it should be noted that not all homeowners in Malvern are experiencing significant gains when it comes to their equity value or market value on their homes. According to data from Trulia’s report on homeownership rates by county across America (as of December 2017), only 61%of homeowners living in 44644 zip code were classified as “owners” – meaning they had full legal title and could sell or borrow against their property without any restrictions – compared with 68%of homeowners nationwide who were classified as “owners” at that time period.. This suggests that there may still be some potential risks associated with purchasing a house within this area – especially given current market conditions – so it would definitely be worth considering all available options before making any decisions about buying or selling a property here