46307, Crown Point, IN

The 46307 zip code of Crown Point, Indiana has a population of about 17,000 people. The median household income in this zip code is about $60,000. The median home value in this zip code is about $160,000.

Home equity and home prices are two important factors that influence the economy and the quality of life for residents in a particular area. Home equity is the difference between the value of a homeowner's property and what it was worth when they bought it. Home prices are based on many factors, including location, size and condition of the property, but they also reflect interest rates and other market conditions.

Since 2007, home values have increased significantly in the 46307 zip code of Crown Point. In 2007, the median home value was $128,500. By 2016, the median home value had increased to $160,000. This represents an increase of over 50%. During this same time period, interest rates decreased from around 7% to below 3%, which may have contributed to these increases in home values.

While there may be some variation among individual homes within a given neighborhood or city due to factors like location and size (which can be influenced by zoning laws), overall trends indicate that homes in Crown Point are worth more than they were five years ago and that prices are likely to continue increasing over time. This trend is likely to benefit residents who own homes in this area as well as those who are looking to purchase a property here – both groups will likely see their properties appreciate in value over time