The story of this market
The typical home in ZIP 47523 sells for about $211,000, or $119 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $858 a month.
ZIP 47523 — Dale
The housing market in 47523 is characterized by low inventory and limited sales activity, with a median price point near $211,000. Market conditions remain stagnant, and investors are advised to perform careful due diligence as the area has not seen the price recovery experienced by neighboring ZIP codes.
The area is primarily suited for local residents and families seeking accessible entry-level housing, though investors should exercise caution due to thin margins.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.6% · poverty 11.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47523, Spencer 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 served by local elementary education centers such as the David Turnham Education Center.
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.
The local economy is primarily driven by small-town industry and services within Spencer County.
Data sourced from local market reports and regional census summaries.
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' Safari4.66.1 mi
- Schnitzelbank4.615.2 mi
- Sultan's Run4.716.7 mi
- League Stadium4.88.7 mi
- Holiday World & Splashin' Safari4.66.1 mi
- Lincoln State Park4.74.7 mi
- Saint Meinrad Archabbey4.710.3 mi
- Lincoln Boyhood National Memorial4.84.1 mi
- Interlake State Recreation Area4.613 mi
- Lincoln Boyhood National Memorial4.84.1 mi
- Abraham Lincoln Boyhood Home and National Museum4.84.2 mi
- Santa Claus Museum & Village4.76.4 mi
- Dubois County Museum Inc4.817 mi
- Lincoln State Park4.74.7 mi
- Lincoln Boyhood National Memorial4.84.1 mi
- Interlake State Recreation Area4.613 mi
- Dubois County Fairgrounds4.412.2 mi
- Lincoln State Park, Campground Shelter4.64.7 mi
- Dollar General4.15.5 mi
- Kringle Place4.65.6 mi
- Evansville Regional Airport4.329.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.