47356 Zip Code's October First-Time Homebuyer Report

The population of the 47356 zip code is growing slower than the rest of Indiana, at a 10-year growth rate of 8.3%. It's a larger than average zip code compared to the rest of the state, with 5,814 residents. Homes in the 47356 zip code are older than most with a median age of 49 years. Heading the list of top schools in the zip code is Shenandoah Elementary School.

Price Range

Homes in the 47356 zip code are generally less expensive than others in the state with a median home value of $75,200 and an average list price of $92,432. The 47356 zip code market showed healthy signs this week as sales rocketed 100.0% to reach eight homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months.

Make sure you take a look at these eye-catching homes in the 47356 zip code that generated the most views from potential buyers:

$189K   $266K   $244K  

Typical Dwelling

The typical dwelling in the 47356 zip code is a three-bedroom detached home worth about $96,370. To purchase a similar home, a buyer with good credit and a $19,274 cash down payment could obtain a mortgage with a 3.95% interest rate and a $410 monthly payment. The property tax rate is $7.94 per $1,000 of taxable assessed value.

Get started right now by checking out 47356 homes for sale or reviewing 47356 real estate trends.


Data reported through 10/13/2016

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