The story of this market
The typical home in ZIP 47952 sells for about $188,323, or $96 per square foot.
Prices are up +37% from a year ago, so sellers still have some momentum. Homes take about 95 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $759 a month.
ZIP 47952 — Kingman
The housing market in 47952 is characterized by low inventory and affordable home values, with a median home value significantly below the national average. Recent data indicates a sharp increase in median home value over the last five years, though the market remains quiet with limited sales activity. The area is primarily rural, and the market is driven by local demand for detached single-family homes.
This ZIP code is best suited for budget-conscious buyers and those seeking rural, detached single-family housing, as it offers significantly lower home values compared to the national average.
Median prices moved up 37.0% year over year.
Homes spend a median of 95 days on market with 0.2 months of supply — a fast-moving market.
20% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 14.9% — 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 10.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 47952, Fountain County, Indiana
The area is served by local public school districts, though specific ratings are not provided in the current dataset.
The area has an overall risk profile higher than 73.7% of US census tracts, with specific flood and wind risks not individually detailed.
The area is primarily rural with limited large-scale industrial or infrastructure development momentum reported.
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.
Residents primarily rely on personal vehicles for commuting, with a mean travel time to work of approximately 29.5 minutes.
The area features rural landscapes and proximity to local parks, though major commercial shopping and entertainment districts are limited within a 3-mile radius.
The rental market is characterized by a mix of single-family homes and mobile units, with rents for 2-bedroom units averaging around $1,010 per month.
The local economy is primarily driven by small businesses and agricultural support, with many residents commuting to larger employment centers in the region.
Transportation is heavily reliant on state roads and personal vehicles; there is no significant public transit infrastructure.
No major commercial or residential developments are currently reported for this ZIP code.
Fountain County Assessor manages property valuations for the jurisdiction.
Parcels are subject to standard county and local school district taxation.
Property insurance premiums are influenced by the area's rural risk profile and higher-than-average hazard index.
Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Central hub for the local community.
Small-scale outdoor spaces serving the rural population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.