44805, Ashland, OH

The 44805 zip code of Ashland, OH is located in the northwestern part of the state and has a population of approximately 27,000. The median home value in this zip code is $128,900 and the median home equity is $101,200. The average household income in this zip code is $60,000.

There are a number of factors that contribute to the high home values in this zip code. First and foremost, Ashland is a desirable location with plenty of amenities and opportunities for growth. Additionally, there are a large number of wealthy residents who have invested in property here. Finally, the market has been buoyed by strong economic conditions overall which have led to increased demand for homes and property.

Despite these positive factors, there are some challenges facing homeowners in this area. One issue is that prices have risen significantly faster than incomes over the past few years which has made it difficult for many people to afford homes on their own. Additionally, there has been an increase in foreclosures and short sales over recent years which has put more pressure on the market overall. While these issues may continue to affect home values for some time to come, they do not appear to be having a significant impact on prices at present.