47272, Saint Paul, IN

The Saint Paul, IN zip code 47272 has a population of around 97,000 people. The median household income in this zip code is around $60,000, and the median home value is around $175,000. In general, home prices in Saint Paul tend to be higher than average. This is likely due to the fact that the city is located in a desirable area and has a strong economy.

One reason that home prices are high in Saint Paul is because of the availability of credit. Many people in this area have access to loans that allow them to buy homes even if they do not have enough money down. Additionally, many people here are able to get mortgages with low interest rates thanks to the strong economy.

Another factor that contributes to high home values in Saint Paul is the demand for housing. There are many people who want to live in this area and who are willing to pay high prices for homes. This demand has helped drive up prices over time.

Despite these factors, there are some areas where home values are lower than average. For example, homes near the city center tend to be more expensive than those located further away from town. Additionally, homes that were built recently may be worth less than older homes due to changes in market conditions over time.