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These days, finding an affordable place to live in the 47868 area can be challenging. Home prices in 47868 are now at a median cost of $176,361, lower than the Indiana average of $232,932.
The average cost of rent is $917/mo in 47868, primarily driven by the current value of real estate in the 47868 area. In 47868, 23.78% of households rent, and 46.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47868 is $4,671 per month. Households that rent pay about 19.63% of their income on rent here. 47868’s most expensive areas are in the eastern 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
- 47833, IN: less expensive homes
- 47455, IN: less expensive homes
- 46120, IN: equally priced homes
- 47840, IN: equally priced homes
- 46171, IN: higher priced homes
- 47456, IN: equally priced homes
- 46170, IN: higher priced homes
- 47853, IN: less expensive homes
- 47857, IN: less expensive homes
- 47433, IN: higher priced homes
Zip Codes with Similar Populations
- 36311, AL: less expensive homes
- 12514, NY: higher priced homes
- 13606, NY: higher priced homes
- 13656, NY: equally priced homes
- 54101, WI: higher priced homes
- 36553, AL: equally priced homes
- 38357, TN: equally priced homes
- 72554, AR: less expensive homes
- 44401, OH: higher priced homes
- 01360, MA: higher priced homes
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