October's First-Time Homebuyer Report for 47232 Zip Code

47232 is a zip code that is growing faster than others in Indiana at a 10-year growth rate of 10.2%. It also has an average-sized population of 3,106 people. With a median age of 36 years, homes in the 47232 zip code tend to be relatively old. Heading the list of top schools in the zip code is Scipio Elementary School.

Price Range

The 47232 zip code has some of the more expensive homes in the state with a median home value of $111,100 and a current average list price of $170,763. The 47232 zip code market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. The 47232 zip code usually averages 1.1 sales per month.

Curious as to which homes have been getting the most attention in the 47232 zip code? These listings have stirred up interest and produced the most views:

$134K   $368K   $549K  

Typical Dwelling

A three-bedroom detached home valued around $222,086 is considered a typical dwelling in the 47232 zip code. If a buyer was looking for a similar home, they would need good credit and a $44,417 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $7 and the property tax rate is $8.90 per $1,000 of taxable assessed value.

Get started right now by checking out 47232 homes for sale or reviewing 47232 real estate trends.


Data reported through 10/13/2016

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