The story of this market
The typical home in ZIP 47520 sells for about $145,000, or $98 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $736 a month.
ZIP 47520 — Cannelton
The housing market in ZIP 47520 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand rather than speculative investment, resulting in a slow but steady pace of sales.
This ZIP is best suited for budget-conscious families and retirees seeking a quiet, rural lifestyle with low cost-of-living, rather than commuters or investors looking for high-growth appreciation.
Median prices moved up 3.2% year over year.
Homes spend a median of 62 days on market with 7.0 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.3% · poverty 22.5% — a mixed stability 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 6.1%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47520, Perry 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.
Crime rates in Cannelton are generally low and consistent with rural Perry County trends, remaining well below national urban averages.
Schools serving the area are part of the Perry County Central School Corporation, which provides a small-town educational environment with limited extracurricular offerings compared to larger districts.
The area is situated along the Ohio River, presenting localized flood risks for low-lying parcels; standard property insurance remains available but is sensitive to regional weather patterns.
Economic momentum is modest, driven primarily by local manufacturing and regional service roles; infrastructure is stable but limited in terms of new large-scale commercial development.
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.
Commutes are primarily car-dependent, with residents traveling to nearby industrial hubs in Tell City or across the river into Kentucky for employment.
The area offers access to the Ohio River for boating and fishing, with proximity to Hoosier National Forest trails and local community parks.
The rental market is characterized by low turnover and limited inventory, with most units being single-family homes or small multi-family conversions.
The local economy is anchored by manufacturing and regional logistics, with significant employment ties to the broader Perry County industrial base.
Transportation is dominated by state highway access; there is no public transit infrastructure serving the area.
There are no major large-scale commercial or residential developments currently approved or under construction in this ZIP.
The Perry County Assessor manages property valuations, utilizing a mass appraisal system consistent with Indiana state guidelines.
Parcels are subject to standard county and school district levies; there are no significant MUD or PID overlays.
Property insurance premiums are stable, though proximity to the Ohio River requires flood insurance for specific low-lying zones.
Data retrieved from data.census.gov ZCTA 47520 profile.
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' Safari4.617.1 mi
- The Patio Steak House4.50.9 mi
- US 60 Dragway4.820 mi
- Pour Haus4.22.9 mi
- Vastwood Park4.72.6 mi
- Blue Heron Vineyards & Winery4.94.2 mi
- Cinema 664.22 mi
- Tell City Bowling Center4.41.7 mi
- Lincoln Boyhood National Memorial4.819.5 mi
- Abraham Lincoln Boyhood Home and National Museum4.819.5 mi
- Santa Claus Museum & Village4.716.7 mi
- Lincoln Pioneer Village and Museum4.617.2 mi
- Vastwood Park4.72.6 mi
- Sunset Park4.52.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Historic infrastructure on the Ohio River.
Local community green space for recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.