45640, Jackson, OH

The zip code 45640 in Jackson, Ohio has a median home value of $129,200 and a median home equity of $117,000. This is higher than the national median home value of $123,700 and the regional median home equity of $106,100. The percentage of homes with a mortgage in 45640 is lower than the national mortgage rate of 7.25% and the regional mortgage rate of 6.75%. The percentage of homes without a mortgage in 45640 is also lower than the national percentage of 37.5% and the regional percentage of 41%.

There are many factors that contribute to high home values in 45640 zip code: location (close to major metropolitan areas), low crime rates, excellent schools, and low unemployment rates. Additionally, many homes in this area were built before 2000 which means they are more likely to be larger and have more features than newer homes. In addition to these factors, strong demand for housing has contributed to high prices in this area.