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These days, finding an affordable place to live in the 47250 area can be challenging. Home prices in 47250 are now at a median cost of $209,571, lower than the Indiana average of $232,932.
The average cost of rent is $829/mo in 47250, primarily driven by the current value of real estate in the 47250 area. In 47250, 30.75% of households rent, and 38.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47250 is $5,641 per month. Households that rent pay about 14.69% of their income on rent here. 47250’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern 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
- 40045, KY: less expensive homes
- 47243, IN: less expensive homes
- 47231, IN: equally priced homes
- 47224, IN: higher priced homes
- 47138, IN: equally priced homes
- 47230, IN: less expensive homes
- 41008, KY: less expensive homes
- 47227, IN: less expensive homes
- 47043, IN: equally priced homes
- 47270, IN: less expensive homes
Zip Codes with Similar Populations
- 79015, TX: higher priced homes
- 39601, MS: less expensive homes
- 39702, MS: less expensive homes
- 40014, KY: higher priced homes
- 46953, IN: less expensive homes
- 63090, MO: higher priced homes
- 70611, LA: higher priced homes
- 70820, LA: higher priced homes
- 73003, OK: higher priced homes
- 75225, TX: higher priced homes
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