46764, Larwill, IN

Home Equity and Home Prices in the 46764 Zip Code of Larwill, Indiana

The zip code of 46764 in Larwill, Indiana has a median home value of $104,000. This is higher than the statewide median home value of $77,500. The zip code also has a lower than average percentage of homeowners with mortgages at just 62%. This indicates that most homes in this zip code are owned outright or have some form of equity attached to them.

When looking at the average sale price for homes in this zip code, it is clear that there is a wide range. In 2017, the highest sale price was $158,000 and the lowest sale price was $86,000. This shows that there is a great deal of variation in prices within this zip code.

One factor that could contribute to this variability is location. Homes located near major highways or commercial areas may be more expensive than those located in quieter neighborhoods. Additionally, homes built before 2000 may be worth more than newer homes due to their increased resale value.

Overall, it appears that home equity and home prices are high in the 46764 zip code of Larwill and there is great variation within the market place. While this could make buying or selling a home difficult for some people, it also indicates that there are many opportunities available to those who are willing to look for them.