47562, Odon, IN

Home Equity and Home Prices in the 47562 Zip Code of Odon, IN

In the 47562 zip code of Odon, IN, home equity is a valuable asset that many residents use to help finance their lifestyles. In addition, home prices in this area have been increasing at a steady rate over the past few years. As a result, homeowners in this area can expect to see their homes worth more over time.

According to Zillow, the median home value in the 47562 zip code was $128,900 as of September 2017. This figure has increased by 5% since 2016 and is above the statewide median home value of $123,600. Additionally, Zillow reports that the average rent price in this area was $1,099 per month as of September 2017. This figure is above both the statewide average rent price ($1,023) and the national average rent price ($1,020). These data suggest that homeowners in the 47562 zip code are doing well financially and can expect their homes to continue appreciating at a healthy pace for some time to come.