The story of this market
The typical home in ZIP 47574 sells for about $325,000, or $185 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 47574 — Rome
The housing market in 47574 remains stable with moderate price appreciation and low inventory levels. Demand is supported by a solid local economy and steady employment, though higher interest rates continue to influence buyer activity. Overall, the market is balanced, favoring sellers slightly due to limited supply.
This ZIP is well-suited for family buyers and commuters seeking a balance between suburban affordability and access to regional employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 2.8 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — 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 7.8%/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 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 47574, Dubois 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.
Crime rates in this area remain consistent with regional averages, showing no significant upward or downward trend in recent reporting periods.
Local schools are generally well-regarded, with most institutions maintaining stable performance ratings within the district.
The area is subject to standard regional flood and wind risk profiles; property insurance remains available but reflects typical market-wide premium adjustments.
Economic momentum is supported by proximity to regional employment hubs and steady residential development, though large-scale industrial projects are limited.
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 face a 30-40 minute commute to the nearest major employment core, with primary access via regional highway corridors.
The area features several local parks and community greenbelts, with basic retail and dining options located within a 3-mile radius.
The rental market shows moderate demand with stable vacancy rates; short-term rental activity is present but not dominant.
The local economy is anchored by manufacturing, healthcare, and retail sectors, with steady employment growth driven by regional industrial employers.
Transportation is primarily automobile-dependent, with regional highway access serving as the main artery for commuting.
Development is focused on infill residential projects and minor commercial expansions within the existing city footprint.
The county appraisal district conducts annual assessments to ensure property values align with current market conditions.
Parcels are subject to standard school district and county-level utility and emergency service assessments.
Property insurance premiums are stable, reflecting the area's moderate risk profile for natural hazards.
Data retrieved from data.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.
- The Patio Steak House4.510.6 mi
- US 60 Dragway4.814.9 mi
- Pour Haus4.211.5 mi
- Vastwood Park4.712.9 mi
- Blue Heron Vineyards & Winery4.96.2 mi
- Cinema 664.210.8 mi
- Tell City Bowling Center4.410.7 mi
- Vastwood Park4.712.9 mi
- Sunset Park4.511.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Large community park with walking trails and recreational facilities.
Regional history museum serving the local area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.