47805, Terre Haute, IN

The 47805 zip code of Terre Haute, Indiana has a population of around 100,000 people. The median household income in this zip code is $60,000, and the median home value is $130,000. This means that the home equity in this zip code is around $50,000.

There are a number of factors that affect home equity. The most important factor is the interest rate on mortgages. When interest rates are high, it makes it more difficult for people to buy homes because they need to pay more money down than if the interest rate was lower. Another factor that affects home equity is inflation. If prices increase faster than wages or mortgage payments, people's homes will lose value over time.

Overall, there seems to be a trend of increasing home values in the 47805 zip code of Terre Haute over time. This may be due to a number of factors including low interest rates and increasing prices across all markets nationwide. It's important for homeowners in this area to stay up-to-date on market trends and make sure they're making informed decisions about their investments