The story of this market
The typical home in ZIP 47969 sells for about $99,000, or $65 per square foot.
Prices are up +13% from a year ago, so sellers still have some momentum. Homes take about 110 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,020 a month.
ZIP 47969 — Newtown
The housing market in ZIP 47969 is characterized by very low inventory and low price points compared to the national average. Recent data indicates a small population increase and rising home values, though sales volume remains extremely thin. Rental rates are tracking with regional HUD fair market rent benchmarks.
This ZIP is best suited for budget-conscious buyers or those seeking a quiet, rural lifestyle, as it offers some of the most affordable housing in the county.
Median prices moved up 13.0% year over year.
Homes spend a median of 110 days on market with 13.0 months of supply — a slower-moving market.
8% 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 4.5% · poverty 7.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 47969, Fountain County, IN
Newtown is a small, rural community with limited commercial development and infrastructure expansion.
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 typically commute to regional employment hubs in Tippecanoe or Montgomery counties, with a mean travel time of approximately 27.4 minutes.
The area is primarily rural with access to local outdoor spaces and small-town community amenities.
The rental market is characterized by low inventory and primarily consists of single-family homes, with rents trending upward in line with regional HUD fair market rent adjustments.
The local economy is primarily agricultural and rural, with residents commuting to larger nearby employment centers.
The area relies on personal vehicle transportation with no public transit infrastructure.
No major commercial or residential developments are currently reported for this ZIP.
Fountain County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district and county-level property tax levies.
Standard rural property insurance coverage applies; hazard exposure is typical for the region.
Data retrieved from Census Reporter and U.S. Census Bureau ZCTA profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.