45380, Versailles, OH

The 45380 zip code of Versailles, OH has a population of around 9,000 people. The median household income in this zip code is around $60,000. Home prices in this zip code have been increasing at a rate of about 5% per year over the past few years. This means that the average home price in this zip code is currently around $160,000.

There are a number of reasons why home prices in the 45380 zip code of Versailles, OH are increasing at such a rapid rate. One reason is that there is a lot of demand for homes in this area due to its close proximity to both Cleveland and Cincinnati. Additionally, Versailles has been experiencing an influx of new residents due to its growing job market and low cost of living.

Despite these factors, there are still some risks associated with buying a home in the 45380 zip code of Versailles, OH. One risk is that interest rates could rise over time and make it more difficult for buyers to afford homes in this area. Another risk is that the economy could take a turn for the worse and lead to an increase in unemployment rates which would reduce demand for homes overall.