Zip Code:

45887, Spencerville, OH

45887 is a Ohio Zip code within the city of Spencerville and the county of Allen County. Its population is roughly 4,279.

The Real Estate Market in the 45887 Zip Code of Spencerville, Ohio

The 45887 zip code of Spencerville, OH has a population of approximately 2,000 people. The median household income in this zip code is $60,000 and the median home value is $130,000. The average mortgage rate in this zip code is 3.5%.

There are a total of 1,890 homes in the 45887 zip code. Of these homes, 847 are occupied and 551 are vacant. The average home occupancy rate in this zip code is 78%. The average home vacancy rate in this zip code is 14%.

As of March 31st, 2017 there were 1,906 mortgages registered in the 45887 zip code. Of these mortgages, 692 were for principal residence and 648 were for non-principal residence. The average loan amount for a principal residence mortgage was $171,500 and the average loan amount for a non-principal residence mortgage was $128,500.

Price Index: Lima, OH

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