47462, Springville, IN

The 47462 zip code of Springville, Indiana has a population of approximately 10,000 people. The median household income in this zip code is $60,000 and the median home value is $130,000.

The average home equity in this zip code is $111,200. This means that the typical homeowner in this zip code has over $111,200 worth of equity in their home. This amount of equity allows homeowners to borrow money against their home and use the money to pay for expenses or invest in other ventures.

Home prices have increased significantly over the past few years in the 47462 zip code of Springville. In fact, according to Zillow’s current data, the average home value has increased by more than 20% since 2016! This rapid increase in home values likely reflects both strong demand and limited supply within this particular area.