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Expensive
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These days, finding an affordable place to live in the 47712 area can be challenging. Home prices in 47712 are now at a median cost of $162,479, lower than the Indiana average of $175,617.
The average cost of rent is $1,075/mo in 47712, primarily driven by the current value of real estate in the 47712 area. While nearly 35.71% of residents own their homes outright in 47712, 32.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47712 is $5,827 per month. Households that rent pay about 18.45% of their income on rent here. 47712's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 47708, IN: higher priced homes
- 47720, IN: equally priced homes
- 47710, IN: less expensive homes
- 47713, IN: less expensive homes
- 47711, IN: less expensive homes
- 47714, IN: less expensive homes
- 47715, IN: equally priced homes
- 47638, IN: higher priced homes
- 47725, IN: higher priced homes
- 42420, KY: less expensive homes
Zip Codes with Similar Populations
- 16510, PA: less expensive homes
- 16803, PA: higher priced homes
- 19133, PA: less expensive homes
- 36801, AL: equally priced homes
- 02346, MA: higher priced homes
- 43227, OH: less expensive homes
- 44313, OH: higher priced homes
- 72903, AR: higher priced homes
- 73701, OK: less expensive homes
- 76504, TX: less expensive homes
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