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These days, finding an affordable place to live in the 47865 area can be challenging. Home prices in 47865 are now at a median cost of $130,200, lower than the Indiana average of $232,932.
The average cost of rent is $600/mo in 47865, primarily driven by the current value of real estate in the 47865 area. In 47865, 14.75% of households rent, and 51.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47865 is $4,217 per month. Households that rent pay about 14.23% of their income on rent here. 47865’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 47838, IN: equally priced homes
- 47882, IN: higher priced homes
- 47848, IN: higher priced homes
- 47861, IN: higher priced homes
- 47879, IN: less expensive homes
- 62451, IL: less expensive homes
- 47441, IN: equally priced homes
- 47855, IN: less expensive homes
- 47578, IN: less expensive homes
- 47438, IN: less expensive homes
Zip Codes with Similar Populations
- 67143, KS: less expensive homes
- 72149, AR: higher priced homes
- 69042, NE: higher priced homes
- 68969, NE: equally priced homes
- 68881, NE: less expensive homes
- 68749, NE: equally priced homes
- 68379, NE: higher priced homes
- 68330, NE: higher priced homes
- 67674, KS: higher priced homes
- 77334, TX: less expensive homes
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