47610, Chandler, IN

The Chandler, IN 47610 zip code has a population of around 101,000 people and is located in the Indianapolis metropolitan area. The median home value in the 47610 zip code is $191,000 which is significantly higher than the national median home value of $177,500. This high home value may be due to the large number of affluent residents in the 47610 zip code or it may be indicative of strong demand for housing in this area.

Home equity is a key indicator of homeownership status and financial security. Home equity can provide a cushion against unexpected expenses or economic downturns, and can also be used to finance other investments such as cars or retirement accounts. In general, homeownership rates are highest in areas with low levels of unemployment and low levels of poverty. The Chandler, IN 47610 zip code has a relatively low level of unemployment (4%) and poverty (14%), which may contribute to its high home values.

Despite the high home values in the Chandler, IN 47610 zip code, there are still many opportunities for buyers who are interested in purchasing a home here. The average list price for homes sold in the 47610 zip code during 2017 was $269,000 which indicates that there is strong demand for homes within this area. Additionally, there are several affordable housing options available within the 47610 zip code including single family homes and condos.