45341, Medway, OH

The 45341 zip code of Medway, OH has a population of approximately 9,000 people. The median household income in this zip code is $60,000 and the median home value is $130,000. Home equity in this zip code is very important to residents and homeowners have seen their home values increase significantly over the past several years.

Home equity is important to residents because it allows them to access funds that they may need for unexpected expenses or emergencies. Homeowners also use home equity to purchase additional property or invest in other ventures. The average homeowner in the 45341 zip code has accumulated over $100,000 in home equity.

Home prices have increased significantly in the 45341 zip code over the past several years due to strong demand from buyers and limited supply of homes available for sale. The average home price in this zip code has increased by almost 50% since 2013. This strong demand has resulted in significant increases for both single family homes and condos. Single family homes have seen an increase of over 70%, while condo prices have increased by almost 100%.