dynamic.RE
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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +4.5% YoY. inventory, −1.6% YoY, is the number to watch.
The median listing price is up 4.5% YoY while the median home got down 3.5% bigger, so value per square foot is up 11.3%.
U.S. Census ACS characteristics for ZIP 47203 itself, not its parent county.
Renters hold 21.6% of this ZIP's 10,690 occupied households, on a median household income of $72K.
| Measure | ZIP 47203 | Bartholomew County | Difference |
|---|---|---|---|
| Median Household Income | $72K | $80K | -$8K |
| Below Poverty Level | 10.2% | 10.5% | -0.3% |
| Median Age | 40.10 | 37.50 | +2.60 |
| Total Population | 26,200 | 83,536 | -- |
| Avg Household Size | 2.41 | 2.47 | -0.06 |
| Owner-Occupied | 78.4% | 69.3% | +9.1% |
| Worked From Home | 15.1% | 13.8% | +1.3% |
| Mean Commute | 22.50 | 21.50 | +1.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.8% to 83,536: residents under 18 are up 0.0% and those 65 and over are up 1.8%.
County median household income is $80K, 10.5% of residents are below the poverty level, 13.8% work from home.