45651, McArthur, OH

The 45651 zip code of McArthur, OH has a median home value of $128,000. This is significantly lower than the state median home value of $174,500 and the national median home value of $177,200. The reason for this discrepancy is likely due to the high percentage of homes in foreclosure in this area.

Despite the low median home value, there are still a number of homeowners in the 45651 zip code who are enjoying healthy equity in their homes. In fact, according to Zillow’s Home Value Index report for March 2016, 44% of homeowners in this zip code have equity in their homes that is greater than 50%. This percentage is significantly higher than both the state average (30%) and national average (31%).

Interestingly enough, despite having a high percentage of homeowners with equity in their homes, McArthur still ranks as one of the most expensive zip codes in Ohio when it comes to buying a home. According to Trulia’s Cost Of Living Index report for February 2016, McArthur ranks as the fourth most expensive zip code in Ohio when it comes to purchasing a home.