44870, Sandusky, OH

The 44870 zip code of Sandusky, OH has a median home value of $119,000 and a median home equity of $87,000. This is lower than the national median home value of $177,500 and the regional median home equity of $101,200.

There are several factors that may contribute to the lower home values in this zip code. First, Sandusky is located in an area with a high rate of unemployment. This may lead to fewer people who are able to qualify for mortgages or who are interested in buying homes. Second, there is a high rate of foreclosure activity in this area. This means that many homes that are currently for sale are likely not worth as much as they would be if they were not subject to foreclosure proceedings. Finally, Sandusky is located in an area that has seen significant decreases in both population and economic growth over the past few years. This may lead to fewer potential buyers and thus lower home values