44866, Polk, OH

The 44866 zip code of Polk, OH, has a median home value of $127,000 and a median home equity of $111,000. This is higher than the statewide median home value of $119,500 and the national median home equity of $106,200. The 44866 zip code also has a lower than average percentage of homeowners with negative equity (less than 20% of homes have less than 20% equity) at only 7%.

There are several factors that may contribute to the high home values in the 44866 zip code. First, Polk is located in one of the most affluent counties in Ohio with a population that is well-educated and wealthy. Second, there is a high demand for housing in Polk due to its excellent schools and amenities. Third, there are relatively few homes for sale in the 44866 zip code which may lead to increased prices. Finally, many homeowners in Polk have been able to leverage their homes by taking out mortgages or using other forms of financing which may increase their home equity values.