45354, Phillipsburg, OH

The Phillipsburg zip code 45354 has a population of around 22,000 people and is located in Warren County. The median household income in the zip code is $59,000 and the median home value is $135,000. The average mortgage rate in the zip code is 4.5%.

There are a number of factors that affect home prices in Phillipsburg. One important factor is the availability of homes for sale. In Phillipsburg, there are a number of homes for sale, which means that there are plenty of potential buyers available to purchase homes at current prices. Additionally, Phillipsburg has a low unemployment rate and a high percentage of homeowners who have equity in their homes. These factors help to keep home prices high in Phillipsburg.

Another important factor that affects home prices in Phillipsburg is interest rates. Interest rates play an important role because they determine how much money people can borrow to buy a home. When interest rates are high, it becomes more difficult for people to afford to buy homes and therefore it becomes harder for homeowners to sell their homes at higher prices. When interest rates are low, it becomes easier for people to afford to buy homes and therefore it becomes easier for homeowners to sell their homes at lower prices. Currently, interest rates are relatively low which helps to keep home prices high in Phillipsburg