46501, Argos, IN

The 46501 zip code of Argos, IN has a median home value of $135,000 and a median home equity of $77,000. These values are significantly lower than the statewide median home value of $217,500 and statewide median home equity of $116,200. The 46501 zip code is also significantly lower than the national median home value of $213,700 and national median home equity of $142,600.

There are several factors that may contribute to the low values in the 46501 zip code. First, Argos is located in an economically depressed area of Indiana. Second, there is a large number of vacant homes in the area which may be contributing to the low prices. Third, there has been a recent trend towards smaller homes in this zip code which may be contributing to the low values. Finally, there is a high level of student loan debt among residents which may be inhibiting homeownership opportunities and driving down prices.