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These days, finding an affordable place to live in the 47125 area can be challenging. Home prices in 47125 are now at a median cost of $168,249, lower than the Indiana average of $232,932.
The average cost of rent is $1,049/mo in 47125, primarily driven by the current value of real estate in the 47125 area. In 47125, 13.05% of households rent, and 52.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47125 is $6,486 per month. Households that rent pay about 16.18% of their income on rent here. 47125’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 47120, IN: higher priced homes
- 47140, IN: less expensive homes
- 47145, IN: less expensive homes
- 47115, IN: higher priced homes
- 47454, IN: equally priced homes
- 47164, IN: higher priced homes
- 47166, IN: higher priced homes
- 47118, IN: less expensive homes
- 47175, IN: less expensive homes
- 47161, IN: higher priced homes
Zip Codes with Similar Populations
- 05459, VT: higher priced homes
- 98850, WA: higher priced homes
- 97067, OR: higher priced homes
- 97018, OR: higher priced homes
- 95645, CA: higher priced homes
- 81039, CO: equally priced homes
- 78650, TX: higher priced homes
- 78147, TX: higher priced homes
- 74038, OK: less expensive homes
- 68370, NE: less expensive homes
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