October's First-Time Homebuyer Report for 47342 Zip Code

47342 is an average-sized zip code in Indiana that has seen a 0.5% decrease in population over the last 10 years. It also has a total population of 2,929. The 47342 zip code is made up of homes that are older than most with a median of 48 years. The top school in the zip code is Wes-Del Middle/Senior High Schoolool School.

Price Range

The median value of homes in the 47342 zip code is $86,100, making it one of the lower priced areas in Indiana. At the same time, the average list price of available homes is presently $102,890. The 47342 zip code market may be experiencing a pronounced pullback but sales stood their ground this week at one home sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 47342 zip code:

$117K   $279K  

Typical Dwelling

The typical dwelling in the 47342 zip code is a three-bedroom detached home worth about $168,551. To purchase a similar home, a buyer with good credit and a $33,710 cash down payment could obtain a mortgage with a 3.95% interest rate and a $563 monthly payment. The property tax rate is $10.21 per $1,000 of taxable assessed value.

Get started right now by checking out 47342 homes for sale or reviewing 47342 real estate trends.


Data reported through 10/13/2016

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