45372, Tremont City, OH

The Tremont City, OH home equity and home prices are reflective of the overall market conditions in the zip code. Over the past year, Tremont City has seen a decrease in both home equity and home prices. This is likely due to a number of factors including low interest rates, increasing demand for housing, and limited supply.

According to Zillow’s Home Value Index (HVI), the median home value in Tremont City was $130,000 as of September 2017. This is below the statewide median home value of $174,500 and represents a decrease of -10% from September 2016. The HVI measures price appreciation over time by tracking changes in median listing prices across all homes for sale in an area.

Looking at Zillow’s Home Price Index (HPI), we can see that there was also a decrease in house prices over the past year (-8%). The HPI measures changes in house values over time by tracking changes in median list price across all homes for sale within an area. The HPI is updated quarterly and provides a more current measure of market trends than the HVI.