44802, Alvada, OH

The 44802 zip code of Alvada, OH has a median home value of $148,900. This is significantly lower than the statewide median home value of $184,500. The reason for this discrepancy is likely due to the fact that Alvada is located in a rural area. Additionally, the housing market in this area may be less competitive than other areas in the state.

Despite these factors, there are still some homeowners in the 44802 zip code who have been able to achieve significant gains in their home equity over time. For example, one homeowner who purchased their home in 2006 has seen their home equity grow by more than $100,000 since then. Similarly, another homeowner who purchased their home in 2009 has seen their home equity grow by more than $130,000 since then.

Overall, it appears that homeownership rates and home values are lower in the 44802 zip code of Alvada compared to other areas of Ohio. However, there are still some homeowners who have been able to achieve significant gains over time due to favorable market conditions and/or prudent financial decisions.