The story of this market
The typical home in ZIP 47525 sells for about $185,200, or $115 per square foot.
Prices are up +2.4% 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 $538 a month.
ZIP 47525 — Derby
The housing market in 47525 remains stable with low inventory and modest price appreciation. Demand is driven by local employment and affordability, though limited new construction keeps the market tight. Figures are based on Spencer County and regional ZCTA data.
This area is best suited for families and long-term residents seeking an affordable, quiet, rural lifestyle with a lower cost of living.
Median prices moved up 2.4% year over year.
Homes spend a median of 62 days on market with 4.1 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — 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 5.7%/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 47525, 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.
Crime rates in the region remain low compared to state and national averages, with no significant upward trends reported in recent local assessments.
Schools serving the area are generally characterized as stable, rural-focused districts with moderate accountability ratings.
The area faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional flood-plain exposure near local waterways.
Economic momentum is driven by local manufacturing and agricultural sectors, with steady but modest infrastructure investment.
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 typically driving to regional employment hubs in neighboring counties.
The area features access to local parks, community sports facilities, and proximity to regional outdoor recreation areas like the Ohio River.
The rental market is characterized by low inventory and high demand for affordable housing, with limited new multi-family development.
The economy is anchored by tourism, manufacturing, and agriculture, with Holiday World serving as a primary private employer.
Transportation is dominated by state highway corridors; there is no significant public transit infrastructure.
Development is primarily focused on small-scale residential infill and commercial expansion near existing town centers.
The Spencer County Assessor manages property valuations based on annual market adjustments and cyclical reassessments.
Parcels are subject to standard county and school district levies, with no major MUD or PID districts reported.
Property insurance premiums are stable, though hazard coverage for wind and storm damage remains a standard consideration.
Data retrieved from Census Reporter and STATS Indiana profiles.
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.
- The Patio Steak House4.512.9 mi
- Sycamore Springs Park4.819.8 mi
- Pour Haus4.212.9 mi
- Blue Heron Vineyards & Winery4.910 mi
- Cinema 664.212.7 mi
- Tell City Bowling Center4.412.6 mi
- Santa Claus Museum & Village4.719.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional park offering hiking, camping, and historical significance.
A major regional anchor attraction located in the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.