45387, Yellow Springs, OH

The 45387 zip code of Yellow Springs, Ohio is located in the heart of the Mahoning Valley and has a population of just over 10,000. The median home value in this zip code is $128,900 and the median household income is $60,000. The average commute time to work is 25 minutes.

There are a number of factors that have contributed to the high home values in this zip code. First and foremost, Yellow Springs is located in one of the most desirable areas in Ohio. It's close to both Cleveland and Columbus, which means there's a high demand for housing here. Additionally, Yellow Springs has been experiencing strong economic growth over the past few years, which has led to an increase in jobs and businesses. Finally, there's a lot of equity available in homes here due to low interest rates and historically low inflation rates.

Despite these positive factors, there are some potential risks associated with high home values in this area. First and foremost, if the economy weakens or interest rates rise significantly (which they have done before), homeowners could find themselves struggling to sell their homes at fair prices. Additionally, if there are any major development projects planned or underway near by (such as a new hospital or shopping mall), that could lead to an increase in demand for housing that may not be able to meet that demand – leading to price hikes for existing homes as well as new construction projects.