46530, Granger, IN

The 46530 zip code of Granger, IN has a median home value of $101,000 and a median home equity value of $87,000. These values are significantly lower than the Indiana statewide median home value of $177,500 and the national median home equity value of $142,200.

The 46530 zip code is also experiencing significant decreases in both home values and home equity compared to previous years. The decrease in Granger's home values is most likely due to the current economic recession which has caused many people to default on their mortgages or sell their homes for less than they originally paid. The decrease in Granger's home equity is also likely due to the current economic recession as many people have taken out second mortgages or used other forms of credit to purchase homes.