47030, Metamora, IN

The 47030 zip code of Metamora, IN has a median home value of $128,000 and a median home equity value of $111,000. These values are lower than the Indiana median home value of $157,500 and the national median home equity value of $142,700. The 47030 zip code also has a lower than average homeownership rate at just 58.9%. This is likely due to the high unemployment rate in this area (14.8%) and the fact that many people are living in rental properties instead of buying homes.

Despite these low home values and homeownership rates, there is still demand for homes in the 47030 zip code. The average list price for homes in this area is $130,000 which is higher than the Indiana average list price of $122,500 but lower than the national average list price of $147,200. There is also an abundance of available homes for sale in this area which indicates that there are plenty of people who want to buy homes in Metamora but cannot do so because they do not have enough money or because they do not meet certain requirements such as being able to afford a down payment or having good credit ratings.