45177, Wilmington, OH

Wilmington, Ohio is located in the 45177 zip code. The median home value in this zip code is $131,500. The median home equity in this zip code is $86,000. This means that the homeownership rate in this zip code is 66%.

The average price of a home in the Wilmington area has increased by 6% over the past year. This indicates that there are more buyers and sellers competing for homes in this area than ever before.

The average home size in the Wilmington area is 1,854 square feet. This is smaller than the national average of 2,096 square feet but larger than the average size of 1,645 square feet found in most other areas of Ohio.

The percentage of homes that are owner-occupied (i.e., where the homeowner lives) is higher than the national average of 63%. This indicates that many homeowners here are able to afford to live in their homes without having to worry about rent or mortgage payments.

Home equity plays an important role in people’s ability to afford to buy a home and stay within their budget. In general, homeowners who have more equity on their homes are able to borrow more money from lenders and therefore can purchase a larger home or take out a longer loan term on a mortgage.

Overall, it appears that homeownership rates and prices are increasing rapidly within the Wilmington area – which could indicate strong future growth potential for this region!