45732, Glouster, OH

The 45732 zip code of Glouster, OH has a median home value of $113,000 and a median home equity value of $128,000. These values are above the national median home value of $77,500 and the national median home equity value of $142,000. This indicates that the homes in this zip code are more valuable than average.

There is also a high concentration of homeowners in this zip code. Nearly two-thirds (64%) of households in this zip code own their homes outright, while just over one-third (35%) are owned by someone else through a mortgage or other loan. This indicates that homeowners in this area have a strong financial stake in their homes and are likely to be able to afford to maintain and improve them over time.

Despite the high values and strong homeownerhip rate, there is evidence that the market for housing in this zip code is slowly cooling off. The number of single family homes sold decreased by 10% from 2016 to 2017, while the number of condos and townhomes sold decreased by 8%. This suggests that buyers may be looking for properties with more space or features that aren't available within the tighter confines of smaller dwellings.