The story of this market
The typical home in ZIP 47549 sells for about $308,000, or $146 per square foot.
Prices are up +6.54% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell.
ZIP 47549 — Jasper
The Jasper housing market is currently experiencing a trend toward balance with modest price growth. While demand remains steady, inventory constraints continue to limit options for buyers. Specific ZCTA-level census data and rental figures are not published for this unique ZIP code.
The market is suitable for family buyers and local workers seeking an affordable, stable environment, though inventory remains constrained.
Median prices moved up 6.5% year over year.
Homes spend a median of 48 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
Awaiting this reading — not graded.
The local economy is supported by a strong employment base, including major employers like Kimball International, which maintains significant operations in the area.
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 industrial sectors, with Kimball International serving as a major employer.
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.