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These days, finding an affordable place to live in the 47968 area can be challenging. Home prices in 47968 are now at a median cost of $194,864, lower than the Indiana average of $232,932.
The average cost of rent is $934/mo in 47968, primarily driven by the current value of real estate in the 47968 area. In 47968, 10.47% of households rent, and 43.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47968 is $6,927 per month. Households that rent pay about 13.48% of their income on rent here. 47968’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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
- 47954, IN: equally priced homes
- 46147, IN: higher priced homes
- 46102, IN: higher priced homes
- 46165, IN: higher priced homes
- 46172, IN: less expensive homes
- 47965, IN: higher priced homes
- 47933, IN: less expensive homes
- 46149, IN: higher priced homes
- 46052, IN: higher priced homes
- 46167, IN: higher priced homes
Zip Codes with Similar Populations
- 82523, WY: equally priced homes
- 38626, MS: less expensive homes
- 41124, KY: less expensive homes
- 41655, KY: less expensive homes
- 41777, KY: less expensive homes
- 43152, OH: higher priced homes
- 43779, OH: less expensive homes
- 48028, MI: higher priced homes
- 48762, MI: higher priced homes
- 55053, MN: higher priced homes
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