The story of this market
The typical home in ZIP 47580 sells for about $181,000, or $115 per square foot.
Prices are up +8.9% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 47580
The 47580 housing market is characterized by extremely low transaction volume and limited inventory, with only 3 sales reported in the last 12 months. Prices have shown recovery since 2021, though the market remains quiet with no active listings currently reported. Data for rent and specific tax history is not available at the ZIP level.
This ZIP is primarily suited for long-term residents and those seeking a quiet, rural lifestyle in Dubois County, given the very low inventory and small population base.
Median prices moved up 8.9% year over year.
Homes spend a median of 120 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 12.1% — 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 -0.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 47580, Dubois County, IN
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 primarily rural and agricultural, with limited major industrial employers within the ZIP code itself.
Dubois County utilizes a standard ad valorem assessment system for property tax purposes.
Parcels are subject to standard county and school district levies.
Data retrieved from Census Bureau ZCTA-level tables.
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.