47933, Crawfordsville, IN

Home Equity in the 47933 Zip Code of Crawfordsville, IN

The zip code of 47933 in Crawfordsville, Indiana has a median home value of $131,000. This is lower than the statewide median home value of $177,500. The zip code also has a low percentage of homeowners with a mortgage at just 58%. This is lower than the statewide percentage of homeowners with a mortgage at 63%.

There are several factors that may contribute to this low percentage of homeowners with mortgages. One reason may be that many people in this zip code are buying homes for investment purposes rather than for use as their primary residence. Another reason may be that there are not enough available homes for purchase in this zip code.

Despite these factors, there is still strong demand for homes in the 47933 zip code. This is evidenced by the fact that the average list price for homes in this zip code is $162,000 which is higher than the statewide average list price of $147,500.

Home prices and home equity can vary greatly depending on a number of factors including location and size of the home, market conditions and interest rates. As such it can be difficult to predict how home prices will change in future years or whether someone will be able to sell their home at an acceptable price. However, based on current trends it seems likely thathome values will continue to rise in the 47933 zip code over time