Housing Insights for ZIP Code 44843 (Lucas, OH)

Housing Summary for ZIP Code 44843

Homeowners

The median home value in ZIP Code 44843 (Lucas, OH) is $147,600. Approximately 87.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.6%.

The average occupancy of owner-occupied units in ZIP Code 44843 is 2.58 occupants, while owner-occupied units have an aggregate average size of 3.01 bedrooms per housing unit.

Renters

In the 44843 ZIP Code, an estimated 12.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.35 occupants, while renters in this Richland County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 44843

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 44843.

ZIP 44843 Ohio U.S.
Median Home Value $147,600 $240,735 $356,002
Owner-Occupied Housing Units 87.2% 66.1% 64.0%
Homeowner Vacancy Rate 0.6% 1.4% 1.6%
Average Size of Owner-Occupied Unit 2.58 2.53 2.70
Average # of Bedrooms Per Unit 3.01 2.78 2.75
Median Housing Rent $0 $808 $1,062
Renter-Occupied Housing Units 12.8% 33.9% 36.0%
Rental Vacancy Rate 0.0% 5.3% 6.0%
Average Size of Renter-Occupied Unit 2.35 2.23 2.49
Percent of Income Spent on Rent 0% 28.47% 29.83%

Home Values in ZIP Code 44843 (Lucas, OH)

The median home value in ZIP Code 44843 is $147,600. That median value is about 1% higher than the median home value of $145,700 in Ohio overall, and is 32% lower than the $217,500 the median home value in the entire U.S. In ZIP Code 44843, approximately 26.8% of homes are valued $50,000 to $99,999. That is 24% higher than in Ohio, in which 21.6% of homes are valued at $50,000 to $99,999, and is about 123% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 44843 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 44843

This chart visualizes the breakdown of home values in ZIP Code 44843, Ohio, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 44843 vs. home values in both the state of Ohio and in the U.S. overall.

Home Values in ZIP Code 44843

See the table below for a regional comparison of home values in ZIP Code 44843.

Home Value ZIP 44843 Ohio U.S.
Less than $50,000 5.3% 8.5% 6.9%
$50,000 to $99,999 26.8% 21.6% 12.0%
$100,000 to $149,999 18.6% 21.6% 13.3%
$150,000 to $199,999 21.9% 17.6% 14.0%
$200,000 to $299,999 15.1% 17.4% 19.6%
$300,000 to $499,999 10.3% 9.8% 19.3%
$500,000 to $999,999 2.1% 2.8% 11.4%
$1,000,000 or more 0.0% 0.5% 3.4%

Home Ages in ZIP Code 44843 (Lucas, OH)

Approximately 26.4% of homes in this Lucas, OH region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 44843 is about 31% higher than percentage of homes built in this time period in Ohio overall (20.1% of homes), and is 110% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 23.3% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.0% of homes in this Richland County ZIP Code were built in 2010 to 2013 in ZIP Code 44843. In comparison, 1.6% of homes in Ohio overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 44843

A detailed regional comparison of home ages in ZIP Code 44843.

Year Built ZIP 44843 Ohio U.S.
2014 or later 6.7% 1.4% 2.5%
2010 to 2013 0.0% 1.6% 2.7%
2000 to 2009 5.6% 9.5% 14.0%
1990 to 1999 8.4% 11.8% 13.9%
1980 to 1989 10.1% 9.0% 13.4%
1970 to 1979 23.3% 14.3% 15.2%
1960 to 1969 4.5% 12.1% 10.6%
1950 to 1959 11.3% 14.1% 10.3%
1940 to 1949 3.6% 6.1% 4.9%
1939 or earlier 26.4% 20.1% 12.6%

Age of Homes in ZIP Code 44843

See the chart below for details on the age of homes in ZIP Code 44843, Ohio, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 44843

Frequently asked questions about housing in this Lucas, OH ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 44843.

1

What is the average home value ZIP Code 44843?

The median home value in ZIP Code 44843 (Lucas, OH) is $147,600.
2

Are homes expensive in ZIP Code 44843?

The median home value in 44843 ($147,600) is an estimated 1% higher than the aggregate median value of $145,700 in Ohio, and is 32% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 44843?

The vacacy rate for owner-occupied housing in ZIP Code 44843 is 0.6%. This rate is 57% lower than the overall Ohio owner-occupied vacancy rate of 1.4%. Additionally, the 44843 vacancy rate is 63% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 44843 have older homes or newer construction?

In ZIP Code 44843, about 26.4% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 23.3% of homes in the region were built in 1970 to 1979. In contrast, 0.0% of homes in 44843 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 44843? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 44843 than renter-occupied housing. Owner-occupied units make up 87.2% of housing, compared to 12.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 44843?

The vacacy rate for rental units in ZIP Code 44843 is 0.0%. This rate is 100% lower than the overall Ohio vacancy rate of 5.3%. Additionally, the 44843 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.