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These days, finding an affordable place to live in the 47385 area can be challenging. Home prices in 47385 are now at a median cost of $164,994, lower than the Indiana average of $232,932.
The average cost of rent is $788/mo in 47385, primarily driven by the current value of real estate in the 47385 area. In 47385, 25.64% of households rent, and 34.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47385 is $6,878 per month. Households that rent pay about 11.45% of their income on rent here. 47385’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 47337, IN: higher priced homes
- 47344, IN: less expensive homes
- 46148, IN: higher priced homes
- 47352, IN: equally priced homes
- 46155, IN: higher priced homes
- 47351, IN: less expensive homes
- 47362, IN: less expensive homes
- 47384, IN: equally priced homes
- 47387, IN: equally priced homes
- 46117, IN: equally priced homes
Zip Codes with Similar Populations
- 72568, AR: less expensive homes
- 18854, PA: higher priced homes
- 19967, DE: higher priced homes
- 23153, VA: higher priced homes
- 23840, VA: higher priced homes
- 24553, VA: higher priced homes
- 25520, WV: less expensive homes
- 25537, WV: higher priced homes
- 44638, OH: higher priced homes
- 46050, IN: higher priced homes
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