The story of this market
The typical home in ZIP 47527 sells for about $225,000, or $135 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,072 a month.
ZIP 47527 — Dubois
The housing market in 47527 remains stable with modest price appreciation and low inventory levels. Demand is driven by local residents and those seeking affordable rural living, though limited new construction keeps the market tight.
This area is best suited for families and individuals seeking a quiet, small-town lifestyle with affordable housing options and proximity to regional outdoor recreation.
Median prices moved up 4.2% year over year.
Homes spend a median of 58 days on market with 4.5 months of supply — a balanced-paced 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 6.2% — 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 7.7%/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 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47527
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 area are generally low and consistent with rural Indiana trends, remaining well below national averages for violent and property crime.
Schools serving the area are part of the Spencer-Owen Community School Corporation, which provides standard public education services for the region.
The area is subject to standard Midwestern weather risks, including seasonal thunderstorms and occasional flooding near the White River, with insurance markets remaining stable.
Economic momentum is driven by local manufacturing and agricultural support services, with steady but modest development focused on maintaining the town's historic character.
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.
Commuting is primarily car-dependent, with residents typically driving to Bloomington or other regional employment hubs via state highways.
The area features access to McCormick's Creek State Park, local community parks, and proximity to the White River for outdoor activities.
The rental market is characterized by low inventory and steady demand, with limited turnover and minimal presence of large-scale institutional investors.
The local economy is anchored by small-scale manufacturing, retail, and services, with many residents commuting to larger nearby employment centers.
Transportation is almost exclusively via private vehicle, with limited public transit options available in the rural county setting.
Development is focused on small-scale residential infill and maintenance of existing infrastructure.
The Owen County Assessor manages property valuations, with assessments conducted periodically to reflect market value changes.
Parcels are subject to standard county and school district levies, with no major MUD or PID districts reported.
Property insurance remains available and standard for the region, with premiums influenced by regional weather risk profiles.
Data retrieved from Census Bureau ZCTA-level tables.
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.
- Lark Ranch4.615.8 mi
- French Lick Karting LLC4.411 mi
- Gasthof Amish Village4.517.4 mi
- Schnitzelbank4.610.6 mi
- Sultan's Run4.78.8 mi
- Patoka Lake Winery4.612.2 mi
- French Lick Karting LLC4.411 mi
- French Lick Casino4.210.4 mi
- French Lick Scenic Railway4.410.6 mi
- Patoka Lake Winery4.612.2 mi
- Showplace Cinemas Jasper 84.210.7 mi
- French Lick Karting LLC4.411 mi
- French Lick West Baden Museum4.710.3 mi
- Indiana Railway Museum4.410.6 mi
- Patoka Lake Nature Center4.69.6 mi
- Bear Hollow Wood Carvers4.610.3 mi
- Dubois County Museum Inc4.89.7 mi
- Jasper Parklands4.810.4 mi
- Jug Rock Nature Preserve4.511.8 mi
- Jasper Riverwalk4.710.5 mi
- Bohnert Park4.610.5 mi
- Overlook Park4.412.1 mi
- Hoosier Hills Marina4.38.8 mi
- Patoka Lake Marina4.511.8 mi
- Sultan's Run4.78.8 mi
- The Pete Dye Course at French Lick4.99.9 mi
- The Donald Ross Course at French Lick4.68.5 mi
- Rural King4.412.2 mi
- Jay C4.110.9 mi
- Ruler Foods4.49.6 mi
- Traderbaker Mall4.310.6 mi
- Germantown Center4.39.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Indiana's first state park, offering hiking trails and scenic waterfalls.
Historic center of the town and county government.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.