46770, Markle, IN

Home Equity in the 46770 Zip Code of Markle, IN

In the 46770 zip code of Markle, IN, home equity is a valuable asset. Home prices in this area have been increasing steadily over the past few years, and as a result, many homeowners in this area are enjoying significant increases in their net worth. In fact, according to Zillow®, the median home value in this zip code is currently $236,500. This represents a growth rate of 5.1% over the past year alone!

Given these high home values and steady growth rates, it's no surprise that many homeowners in the 46770 zip code are enjoying strong levels of equity in their homes. According to Zillow®, approximately 60% of homeowners in this area have at least 50% equity in their homes - which means that they own at least half of the property value on their mortgages. This level of equity is especially important for households who are hoping to stay put for a long period of time - since it allows them to avoid having to take on additional debt or risk losing their homes if they need to sell soon.

Overall, it's clear that homeownership and home equity are very popular assets within the 46770 zip code of Markle, IN. As long as you're prepared to do your homework and make smart decisions about your investments (e.g., by choosing a mortgage that fits your budget and expectations), you should be able to enjoy strong returns on your investment over time!