45431, Dayton, OH

The home equity and home prices in the 45431 zip code of Dayton, OH are very high. The median home value in this zip code is $205,000, which is more than triple the national median home value of $102,500. Additionally, the percentage of homes in this zip code that are valued at over $200,000 is significantly higher than the national average of just over 20%. This indicates that there are a lot of wealthy homeowners in this area.

One reason for this high level of home values may be the strong economy currently being experienced by Dayton. The unemployment rate in Dayton is just 3%, which is much lower than the national average of 5%. Additionally, wages have been increasing rapidly here over the past few years, which may also be contributing to high levels of home values.

Despite these high levels of home values, it's important to keep in mind that they could potentially decline if the economy weakens or if there are any other major changes in the market. It's always a good idea to consult with a real estate agent or mortgage lender to get an accurate estimate of what your potential options might be if prices do decline.