45168, Russellville, OH

Russellville, Ohio is located in the 45168 zip code. The median home value in this zip code is $128,000. The average home value in this zip code has increased by 9.7% over the past year and has grown by 10.2% since 2009. This growth can be attributed to a number of factors including an increase in population and an increase in demand for housing due to an improving economy.

The average price of a single-family home in Russellville was $128,000 as of September 2017, which is 9.7% higher than the $116,000 price recorded one year earlier and 10.2% higher than the $111,500 price recorded five years ago. Over the past three years (2015-2017), the average price of a single-family home has increased by 12%. In contrast, during the same period (2009-2013), the average price of a single-family home decreased by 1%.

Despite this overall growth trend, there are some areas within Russellville where prices have remained relatively stable or even decreased over recent years: For example, between September 2016 and September 2017 prices decreased (-0.8%) in neighborhoods that are located east of US Route 23 and north of State Route 7 while prices increased (+1%) in neighborhoods that are located south of US Route 23 and west of State Route 7.