45690, Waverly, OH

The 45690 zip code of Waverly, OH is located in the southeastern corner of Lucas County and has a population of approximately 10,000. The median household income in the 45690 zip code is $59,000 and the median home value is $128,500. The average monthly mortgage payment for a home in the 45690 zip code is $1,521.

There has been a steady increase in home values over the past several years in the 45690 zip code. In 2013, the median home value was $123,600 and by 2017 it had increased to $128,500. This increase can be attributed to both an overall rise in prices nationwide as well as an influx of new residents into the area who are able to afford more expensive homes. In addition, there has been a recent uptick in interest rates which makes purchasing a home more expensive than it was previously.

Despite these positive trends, there are still some areas of concern for homeowners in the 45690 zip code. One issue that has arisen recently is an increase in foreclosures within this area. This trend may continue as long as interest rates remain high and borrowers cannot afford their payments on their current homes. Another issue that homeowners face is that there are not enough affordable housing options available within this area. As a result, many people are forced to move out of their neighborhoods or commute long distances to work due to lack of available housing options close to their homes.