47387 Zip Code First-Time Homebuyer Report for October

47387 is a zip code that is growing slower than others in Indiana at a 10-year growth rate of 12.9%. It also has a small population of 796 people. The 47387 zip code is made up of homes that are considered older than most with a median of 68 years. Heading the list of top schools in the zip code is Tri-Elementary School.

Price Range

Home values in the 47387 zip code are generally in line with others in the state with a median home value of $96,700 and an average list price of $1,114,535. Over the last 30 days, no deals were completed in the 47387 zip code market. The 47387 zip code is used to having 1.0 sales per month.

Typical Dwelling

The typical dwelling in the 47387 zip code is a two-bedroom detached home worth about $60,000. To purchase a similar home, a buyer with good credit and a $12,000 cash down payment could obtain a mortgage with a 3.95% interest rate and a $36 monthly payment. The property tax rate is $7.94 per $1,000 of taxable assessed value.

Get started right now by checking out 47387 homes for sale or reviewing 47387 real estate trends.


Data reported through 10/13/2016

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