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These days, finding an affordable place to live in the 47448 area can be challenging. Home prices in 47448 are now at a median cost of $296,165, higher than the Indiana average of $232,932.
The average cost of rent is $939/mo in 47448, primarily driven by the current value of real estate in the 47448 area. In 47448, 16.37% of households rent, and 36.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47448 is $6,734 per month. Households that rent pay about 13.95% of their income on rent here. 47448’s most expensive areas are in the western 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
- 46160, IN: less expensive homes
- 47468, IN: equally priced homes
- 46164, IN: equally priced homes
- 46181, IN: equally priced homes
- 47408, IN: higher priced homes
- 47201, IN: less expensive homes
- 47406, IN: equally priced homes
- 47405, IN: equally priced homes
- 47401, IN: higher priced homes
- 47280, IN: less expensive homes
Zip Codes with Similar Populations
- 32456, FL: higher priced homes
- 78266, TX: higher priced homes
- 36522, AL: less expensive homes
- 36375, AL: less expensive homes
- 35952, AL: less expensive homes
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- 35044, AL: less expensive homes
- 35005, AL: less expensive homes
- 34228, FL: higher priced homes
- 33476, FL: less expensive homes
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