City:

Mccordsville, IN

Mccordsville is a city in the state of indiana with a population of roughly 12,638. It is in Hancock County, Indiana the Indianapolis-Carmel-Anderson, IN core-based statistical areas (CBSA), and the Indianapolis-Carmel-Muncie, IN combined statistical area (CSA).Its Zip codes include 46055 .

Trends in Home Prices in McCordsville, Indiana

Real estate in McCordsville, Indiana is a hot commodity. With a population of just over 10,000 people, the town is located in the heart of Indiana's wine country and has easy access to major highways and airports. There are plenty of homes for sale in McCordsville, but buyers should be prepared to spend a bit more than they would in other towns of similar size.

The cost of living in McCordsville is high compared to other towns of its size because the town has a high concentration of professionals and businesses. The median home price in McCordsville was $269,900 as of September 2017, which is about $50,000 more than the median home price for all cities in Indiana combined. However, despite being one of the most expensive places to live in Indiana, McCordsville still has a low unemployment rate and plenty of jobs available.

One reason why real estate prices are so high in McCordsville is that there are limited options for new housing construction. The town only has about 100 homes that have been built since 2000 and many homeowners are looking to sell their homes because there aren't any new developments coming online soon. This means that there is always demand for properties in McCordsville and home sellers can expect to receive top dollar for their houses.

Price Index: Indianapolis-Carmel-Anderson, IN

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