45371, Tipp City, OH

The 45371 zip code of Tipp City, OH, has a median home value of $128,000 and a median home equity value of $111,000. These values are lower than the statewide median home value of $181,600 and statewide median home equity value of $146,200. The 45371 zip code also has a lower homeownership rate than the statewide homeownership rate of 66.7%.

There are several factors that may contribute to the lower home values in the 45371 zip code. One potential factor is that this area is located in one of Ohio's more rural counties. This could lead to fewer homes available for sale and higher prices due to limited competition from other buyers. Additionally, Tipp City is located near Cincinnati which may lead to increased demand for housing in this area and higher prices. Finally, Tipp City experiences relatively high levels of unemployment which could lead to decreased demand for housing and lower prices.