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These days, finding an affordable place to live in the 47932 area can be challenging. Home prices in 47932 are now at a median cost of $169,978, lower than the Indiana average of $232,932.
The average cost of rent is $774/mo in 47932, primarily driven by the current value of real estate in the 47932 area. In 47932, 27.36% of households rent, and 47.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47932 is $5,344 per month. Households that rent pay about 14.48% of their income on rent here. 47932’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern 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
- 47974, IN: less expensive homes
- 47987, IN: less expensive homes
- 47982, IN: higher priced homes
- 47991, IN: less expensive homes
- 47993, IN: equally priced homes
- 61834, IL: less expensive homes
- 61832, IL: less expensive homes
- 61814, IL: equally priced homes
- 61833, IL: less expensive homes
- 47958, IN: less expensive homes
Zip Codes with Similar Populations
- 27341, NC: less expensive homes
- 76802, TX: higher priced homes
- 76579, TX: higher priced homes
- 39038, MS: less expensive homes
- 37329, TN: equally priced homes
- 35578, AL: less expensive homes
- 30560, GA: higher priced homes
- 30557, GA: higher priced homes
- 30521, GA: equally priced homes
- 29847, SC: equally priced homes
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