46968, Ora, IN

The home equity and home prices in the 46968 zip code of Ora, IN are very high. The median home value in this zip code is $247,000, which is more than double the national median home value of $116,500. Additionally, the percentage of homes in this zip code that are worth more than $250,000 is almost triple the national average. This indicates that there are a lot of wealthy people living in this area.

One reason for the high home values in this zip code is likely because it is located near major cities such as Indianapolis and Bloomington. These cities have a large number of affluent residents who can afford to buy expensive homes. Additionally, Ora has a strong economy with many jobs in high-paying industries. This means that people can afford to buy homes even if they do not have a lot of money saved up.

However, despite the high home values, there are still plenty of affordable homes available in this zip code. For example, the median price for a single-family house in this zip code is only $157,500 which is much lower than the median price for a house across all 50 states ($217,000). So even if you cannot afford to buy a house anywhere else in Indiana, you should be able to find an affordable property within reach in Ora.