The story of this market
The typical home in ZIP 47992 sells for about $400,000, or $245 per square foot.
ZIP 47992 — Westpoint
The housing market in ZIP 47992 is characterized by extremely low inventory and limited transaction volume, making it difficult to establish a robust median price or market trend. Available data indicates a family-oriented, rural community with a higher median household income compared to the surrounding county. Most specific market metrics such as days on market, price cuts, and rental rates are not currently published for this ZIP code.
This ZIP is primarily suited for family buyers seeking a rural, quiet residential environment with larger lot sizes, as evidenced by the higher-than-average household size and family-centric demographic profile.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 2.0% — a stable, low-distress profile.
ZCTA 47992, Tippecanoe 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.
Data retrieved from GreatData.com and Indiana Regional MLS
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.