45417, Dayton, OH

The zip code 45417 in Dayton, OH has a median home value of $132,000 and a median home equity of $81,000. This means that the majority of homes in this zip code are worth more than their mortgage. Additionally, the average home price growth in this zip code over the past five years has been 5%. This indicates that there is strong demand for homes in this area and that prices are likely to continue to rise.

One reason why home prices are likely to continue to rise in the 45417 zip code is because there is a high demand for housing here. In addition, many people who live in this area have good jobs and are able to afford homes on their own. Therefore, they are not interested in selling their homes at a low price. Rather, they want to wait until they can get a higher price for their house.

Another reason why home prices are likely to continue to rise in the 45417 zip code is because there is limited supply of housing here. Many people who want to buy a home in this area have already done so or they do not want to live near other people. As a result, there is little competition for homes and prices can be higher than elsewhere.