The story of this market
The typical home in ZIP 47537 sells for about $150,000, or $105 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 $717 a month.
ZIP 47537 — Gentryville
The Gentryville housing market remains stable with low inventory and minimal price volatility. Sales activity is limited by the rural nature of the area, keeping the market balanced but slow-moving. Current conditions reflect a steady, long-term appreciation trend consistent with broader rural Indiana market performance.
This ZIP is best suited for local workers, retirees, and families seeking a quiet, rural lifestyle with a low cost of living compared to larger metropolitan areas.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 87 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.9% · poverty 5.1% — 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 5.2%/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 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47537, 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 the North Spencer County School Corporation, which maintains a stable reputation for rural education in the region.
The region is subject to standard Midwestern weather risks, including seasonal thunderstorms and occasional high winds, with flood risk concentrated near local creek beds.
Economic momentum is modest, driven primarily by local agricultural and manufacturing sectors with limited 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.
Residents typically rely on personal vehicles for commutes to nearby employment hubs in Evansville or Jasper, with travel times generally exceeding 30 minutes.
Local recreation is centered on outdoor activities, including proximity to Lincoln State Park and various rural trails, with limited immediate retail or dining options.
The rental market is characterized by low inventory and limited turnover, primarily consisting of single-family homes with minimal multi-family development.
The local economy is anchored by agriculture, manufacturing, and tourism related to the Lincoln Boyhood National Memorial.
Transportation is entirely dependent on regional highway networks, with no public transit infrastructure available.
There are no major large-scale commercial or residential developments currently approved or under construction within the ZIP code.
The Spencer County Assessor manages property valuations based on annual market adjustments and state-defined assessment cycles.
Parcels are subject to North Spencer County School Corporation levies and standard county-wide taxing districts.
Property insurance premiums are generally stable, though coverage for wind and hail damage remains a standard consideration for homeowners.
Data retrieved from census.gov 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.
- Holiday World & Splashin' Safari4.67.8 mi
- League Stadium4.814.3 mi
- Pour Haus4.218.6 mi
- Holiday World & Splashin' Safari4.67.8 mi
- Lincoln State Park4.72.7 mi
- Lincoln Boyhood National Memorial4.83.2 mi
- Interlake State Recreation Area4.612.3 mi
- Scales Lake Park4.411.7 mi
- Lincoln Boyhood National Memorial4.83.2 mi
- Abraham Lincoln Boyhood Home and National Museum4.83.2 mi
- Santa Claus Museum & Village4.77.8 mi
- Lincoln Pioneer Village and Museum4.615.2 mi
- Lincoln State Park4.72.7 mi
- Lincoln Boyhood National Memorial4.83.2 mi
- Interlake State Recreation Area4.612.3 mi
- Scales Lake Park4.411.7 mi
- Boonville City Lake4.512.6 mi
- French Island Marina and Boat Club4.619.5 mi
- Dollar General4.17.1 mi
- Kringle Place4.67.1 mi
- Evansville Regional Airport4.326.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional attraction featuring hiking trails, fishing, and historical significance.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.