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These days, finding an affordable place to live in the 47532 area can be challenging. Home prices in 47532 are now at a median cost of $242,838, higher than the Indiana average of $232,932.
The average cost of rent is $853/mo in 47532, primarily driven by the current value of real estate in the 47532 area. In 47532, 15.53% of households rent, and 50.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47532 is $7,106 per month. Households that rent pay about 12.01% of their income on rent here. 47532’s most expensive areas are in the southeastern 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
- 47577, IN: equally priced homes
- 47575, IN: equally priced homes
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- 47536, IN: higher priced homes
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- 47515, IN: less expensive homes
- 47541, IN: less expensive homes
- 47580, IN: equally priced homes
- 47552, IN: equally priced homes
Zip Codes with Similar Populations
- 97720, OR: equally priced homes
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- 15681, PA: less expensive homes
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- 48320, MI: higher priced homes
- 77434, TX: less expensive homes
- 75966, TX: less expensive homes
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