46741, Grabill, IN

The home equity and home prices in the 46741 zip code of Grabill, IN are reflective of the overall market conditions in the area. The median home value in this zip code is $136,000, which is lower than the statewide median home value of $177,500. Additionally, the percentage of homes that are owner-occupied is lower than the statewide percentage of owner-occupied homes at 66%. This indicates that there may be a greater demand for rental housing in this zip code.

The average monthly mortgage payment for homes in this zip code is $1,716 which is higher than the statewide average monthly mortgage payment of $1,471. However, because there are fewer owner-occupied homes in this zip code compared to other areas throughout Indiana, it may take longer to pay off a mortgage here than elsewhere. Additionally, because there are more rental properties available in this area compared to owner-occupied properties, it may be more difficult to find a property that meets your budget if you want to purchase a home.