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Twelve Mile 46988

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Indiana
$161K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.328
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$161K
Median sizeThe middle home size here, measured in square feet.1,716 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1944
Single familyThe share of homes here that are single-family houses.63%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.82%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.2.1%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.78%
Company ownedThe share of homes owned by a company or trust instead of a person.19%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.6%
Typical ownership tenureHow long the typical owner here has held their home.7.9 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.105
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.28

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.688
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.27 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$60K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70K
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

How Twelve Mile 46988 compares

By median home value, Twelve Mile 46988 is the 4th most expensive of 6 ZIP codes in Cass County, and its typical home is worth more than 59% of all homes in Cass County.

Home values in Twelve Mile 46988

Share of homes at each estimated value.

Median
$58K$396K
ZIP codes in Cass County ranked by median home value
#Cass CountyMedian valueHomes
1Lucerne 46950$183K298
2Walton 46994$172K1,067
3Galveston 46932$165K1,399
4Twelve Mile 46988$161K328
5Royal Center 46978$153K868
6Logansport 46947$128K10,365

About the Twelve Mile 46988 market

How many homes are there in Twelve Mile 46988, IN?

Twelve Mile 46988, IN contains 328 residential properties, with a median of 1,716 square feet, 3 bedrooms, built around 1944. The median TopHap Estimate is $161K.

How does Twelve Mile 46988, IN compare to the rest of Cass County?

By median home value, Twelve Mile 46988, IN is the 4th most expensive of 6 ZIP codes in Cass County. Its typical home is worth more than 59% of all homes in Cass County. Galveston 46932 ranks just above it and Royal Center 46978 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Twelve Mile 46988, IN?

78% of homes in Twelve Mile 46988, IN are owner-occupied. 19% are held by a company rather than an individual.

How much equity do owners in Twelve Mile 46988, IN hold?

82% of mortgaged homes in Twelve Mile 46988, IN are equity-rich, meaning the loan balance is under half the home's value. 2.1% owe more than the home is worth.

Nearby markets

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Explore Twelve Mile 46988 on the map

See every recorded sale, price heat map, school zone and flood overlay across Twelve Mile 46988 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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