47305 Zip Code's October First-Time Homebuyer Report

The 47305 zip code is much older than the rest of Indiana, with a median age of 33. It's much less affluent than average as well, with a median income of $19,329 per household. The 47305 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. The best school in the zip code is In Aca for Sci Math & Humanities.

Price Range

The 47305 zip code has some of the more affordable homes in the state with a median home value of $62,300 and a current average list price of $27,851.

Typical Dwelling

The typical dwelling in the 47305 zip code is a three-bedroom detached home worth about $30,286. To purchase a similar home, a buyer with good credit and a $6,057 cash down payment could obtain a mortgage with a 3.95% interest rate and a $159 monthly payment. The property tax rate is $10.21 per $1,000 of taxable assessed value.

Get started right now by checking out 47305 homes for sale or reviewing 47305 real estate trends.


Data reported through 10/13/2016

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