The story of this market
The typical home in ZIP 47548 sells for about $265,000, or $138 per square foot.
Prices are up +8.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow.
ZIP 47548 — Jasper
The Jasper housing market is currently competitive with rising home prices and a decrease in the number of homes sold compared to the previous year. Specific ZIP-level data for rent, tax rates, and detailed demographics are not currently published for 47548. Market activity is driven by limited inventory and steady demand.
Median prices moved up 8.2% year over year.
Homes spend a median of 62 days on market with 0.0 months of supply — a balanced-paced 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) — a stable, low-distress profile.
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.
foreclosure_note
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.