45701, Athens, OH

The 45701 zip code of Athens, OH has a median home value of $128,000 and a median home equity value of $101,000. The Athens area has seen an increase in home values over the past five years, with prices increasing by an average of 6.5% annually. This trend is likely to continue as the Athens area continues to experience strong economic growth.

Home equity is important for many reasons. It can provide a cushion against unexpected expenses or financial setbacks, and it can help homeowners save for retirement or other long-term goals. In addition, homeowners who have plenty of equity in their homes are more likely to stay in their homes than those who don't have much equity. This is because they're less likely to need to take on additional debt in order to buy a new home or refinance their existing one.

Overall, the 45701 zip code of Athens is seeing strong growth in both home values and home equity values. This trend is likely to continue as the area continues to experience strong economic growth and people increasingly rely on their homes as savings vehicles and retirement investments.