44883, Tiffin, OH

Home Equity and Home Prices in the 44883 Zip Code of Tiffin, OH

The average home equity in the 44883 zip code of Tiffin, OH is $142,000. The average home price is $137,000. This means that homeowners in the 44883 zip code have a net worth of $27,000 more than before they bought their homes.

There are a few factors that contribute to this increase in home equity:

-The average mortgage rate has decreased over the past few years from 4.5% to 3.9%.

-Home prices have increased by 6% since 2007 which has helped to increase homeowner's equity.

-Since 2007 there has been an influx of new homeowners into the 44883 zip code who are buying homes at or above their pre-recession prices.