45352, Palestine, OH

The 45352 zip code of Palestine, OH has a population of approximately 5,000 people. The median household income in this zip code is $40,000, and the median home value is $130,000. In terms of home equity, the median homeowner in this zip code has a total equity of $101,000.

There are a number of factors that contribute to the high home values in the 45352 zip code of Palestine. First and foremost, this area is located in one of the most desirable parts of Ohio. Second, there is a strong demand for housing in this area due to its proximity to major cities like Columbus and Cleveland. Finally, there is a low rate of foreclosure activity in this zip code which keeps prices high.

Despite these positive factors, there are some challenges facing homeowners in the 45352 zip code. One issue is that wages have not kept up with inflation over the past few years which has made it more difficult for people to afford homes on their own. Additionally, there is a limited supply of housing available in this area which means that prices will continue to rise if no new development projects are approved by local officials.