The story of this market
The typical home in ZIP 47547 sells for about $308,000, or $144 per square foot.
Prices are up +6.54% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell.
ZIP 47547 — Jasper
ZIP 47547 is a PO Box-only designation in Jasper, Indiana, and therefore lacks residential housing market data such as sales counts, rental prices, or population statistics. Market figures provided reflect the broader Jasper city market, which is currently experiencing balanced conditions with modest price growth and a persistent housing shortage. Data for specific ZIP-level metrics like vacancy rates or tax rates are not determinable for this geography.
This ZIP code is classified as a PO Box-only designation, making it unsuitable for residential buyers or renters.
Median prices moved up 6.5% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
Awaiting this reading — not graded.
The area is served by the Greater Jasper Consolidated Schools district.
Jasper is experiencing continued interest in residential and business attraction with a focus on downtown corridors and local health infrastructure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. 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) — 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 anchored by manufacturing and healthcare, with St. Joseph's Health serving as a major regional employer.
Parcels in this area are served by the Greater Jasper Consolidated Schools district.
ZIP 47547 is classified as a PO Box-only ZIP code with no residential population data available.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.