The story of this market
The typical home in ZIP 47514 sells for about $310,000, or $155 per square foot.
Prices are down 7.3% from a year ago, which gives buyers more room to negotiate. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 47514 — Branchville
The housing market in 47514 is currently stable, reflecting broader trends in Warrick County where price growth has moderated. Inventory remains tight, and the market is characterized by low turnover typical of rural residential areas. Buyers are seeing a slight cooling in price appreciation compared to the rapid gains of previous years.
This area is best suited for those seeking a rural lifestyle, including families and individuals who prefer lower-density living and are comfortable with a commute to regional employment hubs.
Median prices moved down 7.3% year over year.
Homes spend a median of 53 days on market with 3.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 8.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47514, Warrick County, IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is primarily rural with limited large-scale industrial development, relying on the broader Warrick County economic base.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Residents typically rely on personal vehicles for commuting to employment centers in nearby Evansville or Boonville.
Local recreation is centered on rural outdoor activities, with proximity to regional parks and natural areas within Warrick County.
The rental market is characterized by low density and limited inventory, primarily serving local workers.
The economy is largely driven by agriculture and small-scale local services, with residents commuting to larger employers in the Evansville metropolitan area.
Transportation is almost exclusively dependent on private vehicle use via state and county road networks.
No major large-scale commercial or residential developments are currently reported for this specific rural ZIP code.
Warrick County Assessor manages property valuations based on annual market adjustments.
Parcels are subject to standard county and township tax levies, including local school district funding.
Standard regional property insurance rates apply, with typical coverage for wind and storm damage common in Southern Indiana.
Indiana is a judicial foreclosure state requiring court intervention for the foreclosure process.
Indiana law requires sellers to provide a written disclosure form regarding the condition of the property.
Data retrieved from Census Reporter profile for Hart Township, Warrick County.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Holiday World & Splashin' Safari4.617.9 mi
- Sycamore Springs Park4.812.3 mi
- The Patio Steak House4.518.4 mi
- Patoka Lake Winery4.615.7 mi
- Pour Haus4.217.6 mi
- Hemlock Cliffs4.88.7 mi
- Saint Meinrad Archabbey4.712.4 mi
- Winzerwald Winery4.76.5 mi
- Santa Claus Museum & Village4.717.8 mi
- Patoka Lake Nature Center4.618 mi
- Hemlock Cliffs4.88.7 mi
- Sycamore Springs Park4.812.3 mi
- Hoosier Hills Marina4.318.2 mi
- Patoka Lake Marina4.517 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.