46321, Munster, IN

The Munster, Indiana zip code 46321 has a population of around 24,000 people. The median household income in this zip code is $59,000, and the median home value is $161,500. The percentage of homes in this zip code that are owner-occupied is around 81%, and the percentage of homes that are renter-occupied is around 19%.

There has been a significant increase in home equity and home prices in the Munster, Indiana zip code over the past few years. In 2016, the median home value was $161,500. This was an increase of over $30,000 from 2015. In 2017, the median home value increased even further to reach $171,500. This represents an increase of over $40,000 from 2016 and an increase of almost $60,000 from 2015 alone!

This recent growth in home values can be attributed to a number of factors. One reason may be that there are relatively few homes for sale in this zip code compared to other areas within Indiana. Additionally, many homeowners in this area have been able to refinance their mortgages at low interest rates over the past few years which has helped to boost their equity levels even further. Finally, Munster has seen strong economic growth over the past few years which may also have contributed to higher home values.