46056, Markleville, IN

The 46056 zip code of Markleville, IN has a median home value of $119,000 and a median home equity value of $101,000. The zip code has a population of 2,812 and an unemployment rate of 5.5%. The median household income in the zip code is $50,000. The percentage of households that own their homes is 68%.

There are many factors that contribute to the high home values in the 46056 zip code. One reason is that the area is affluent and has a high demand for housing. Another reason is that there are few available homes for sale in the area, which increases demand. Additionally, the area has low rates of foreclosure and abandonment, which also contributes to high home values.

Despite these high values, homeownership rates in the 46056 zip code are still relatively high at 68%. This may be due to strong market demand or because there are not many available homes for sale in this area. In any case, it shows that homeownership rates do not always reflect affordability levels – even in areas with high home values.