47401 Zip Code First-Time Homebuyer Report for October

The 47401 zip code is a zip code in Indiana with a median income of $48,360 per household. Besides being affluent, its population is much older than others with a median age of 30 years. Detached homes account for 68% of the area's current housing market. The top school in the zip code is Childs Elementary School.

Culture

If you are interested in some outdoor fun, Foursquare says that Monroe Lake and Paynetown State Recreation Area are the most popular places in 47401. If you like arts and entertainment, some popular spots are AMC Showplace Bloomington 11 and Sherwood Oaks Disc Golf Course. And finally, Five Guys, Scenic View Restaurant, and China Wok are frequently visited spots to eat.

Price Range

The median value of homes in the 47401 zip code is $186,000, making it one of the most valuable areas in Indiana. At the same time, the average list price of available homes is presently $213,303.

Make sure you take a look at these eye-catching homes in the 47401 zip code that generated the most views from potential buyers:

$548K   $899K   $219K  

Typical Dwelling

The typical dwelling in the 47401 zip code is a three-bedroom detached home worth about $388,546. To purchase a similar home, a buyer with good credit and a $77,709 cash down payment could obtain a mortgage with a 3.95% interest rate and a $560 monthly payment. The property tax rate is $8.70 per $1,000 of taxable assessed value.

Get started right now by checking out 47401 homes for sale or reviewing 47401 real estate trends.


Data reported through 10/13/2016

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