46322, Highland, IN

The zip code of 46322 in Highland, Indiana has a population of about 10,000 people. The median household income is around $50,000 and the median home value is around $130,000. The home equity and home prices in this zip code are both relatively high when compared to other areas of the country.

One reason for this high home equity and home prices in the 46322 zip code is that Highland is a relatively affluent area. Many people who live in this zip code are wealthy enough to be able to afford a high home value. Additionally, many homes in this area were built decades ago and have not seen significant price inflation over time. This means that homes in the 46322 zip code are still worth a lot relative to other areas of the country.

Another reason why the home equity and home prices in the 46322 zip code are high is that there is limited inventory available for sale. Many homes in this area have been sold recently, which has driven up prices significantly. In addition, there are not many new homes being built in this area, which also contributes to high home values.