The story of this market
The typical home in ZIP 47955 sells for about $193,000, or $118 per square foot.
Prices are down 1.5% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $735 a month.
ZIP 47955 — Linden
The housing market in 47955 is characterized by low inventory and slow price growth, reflecting its status as a small, rural market. While entry prices remain affordable, the market faces challenges with tenant stability and limited demand, making it a niche area for investors. Current conditions are stable but reflect the broader economic constraints of the surrounding rural county.
This ZIP is best suited for local workers and budget-conscious family buyers seeking a quiet, small-town environment with lower entry prices compared to the nearby Lafayette metro area.
Median prices moved down 1.5% year over year.
Homes spend a median of 62 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 7.9% — 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 5.9%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47955, Montgomery 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.
Schools serving the area are primarily managed by the North Montgomery Community School Corporation, which generally maintains stable performance ratings.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional wind events; flood risk is localized to specific low-lying areas near regional creeks.
Economic momentum is modest, with the area serving as a rural residential base for commuters working in larger nearby hubs like Lafayette and Crawfordsville.
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 primarily rely on personal vehicles for commuting, with access to US-231 providing a direct corridor to Crawfordsville and connections toward the Lafayette employment core.
Local recreation is centered on small-town community parks and proximity to rural outdoor spaces, with more extensive shopping and dining options located approximately 10-15 miles away in Crawfordsville.
The rental market is characterized by limited inventory and steady demand from local workers, though investors face challenges with tenant stability and lower price appreciation compared to urban centers.
The local economy is largely driven by agriculture, manufacturing, and service-sector employment in the surrounding Montgomery and Tippecanoe County regions.
Transportation is dominated by private vehicle use; there is no significant public transit infrastructure serving this rural ZIP code.
Development is primarily limited to small-scale residential infill and agricultural land use, with no major large-scale commercial projects currently reported.
Montgomery County utilizes a mass appraisal system to determine property values for tax purposes, with assessments updated annually based on market sales data.
Parcels are subject to levies from the North Montgomery Community School Corporation and local county-wide taxing units.
Property insurance premiums are influenced by regional exposure to severe weather, with standard coverage available through major national carriers.
Data retrieved from US Census Bureau 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.
- Malibu Jack's Lafayette4.713.6 mi
- Exploration Acres4.711 mi
- Tropicanoe Cove4.415.1 mi
- Get Air Trampoline Park4.114.1 mi
- Rugged Xscape4.815.4 mi
- Ironman Raceway4.813.2 mi
- Elliott Hall of Music4.516.2 mi
- Ross–Ade Stadium4.716.7 mi
- Mackey Arena4.816.6 mi
- Dull's Tree Farm and Pumpkin Harvest4.819.8 mi
- Monster Mini Golf Lafayette4.611.8 mi
- Milligan Park4.511.4 mi
- Rotary Jail Museum4.810.6 mi
- Sugar Creek Nature Park4.510 mi
- General Lew Wallace Study & Museum4.610.8 mi
- Fort Ouiatenon4.715.4 mi
- Samara, The John and Catherine Christian House517 mi
- Art Museum of Greater Lafayette4.615.3 mi
- Bharatiya Temple and Cultural Center of Greater Lafayette - BTCCGL4.718.5 mi
- Rotary Jail Museum4.810.6 mi
- Milligan Park4.511.4 mi
- Sugar Creek Nature Park4.510 mi
- Wea Creek Park4.410.5 mi
- Crawfordsville Parks and Recreation4.511.8 mi
- Dollar General4.112.8 mi
- Trader Buck’s Flea Market4.112.1 mi
- Crawfordsville Square4.112 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A historic railroad depot museum serving as a local cultural landmark.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.