The story of this market
The typical home in ZIP 47532 sells for about $291,000, or $174 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $819 a month.
ZIP 47532 — Ferdinand
The 47532 housing market shows steady appreciation and low inventory, reflecting a stable local economy driven by manufacturing. While price growth is moderate, the market remains competitive for well-priced, move-in-ready homes. Investors should exercise caution as the market favors owner-occupants over passive rental operators.
This ZIP is well-suited for families and long-term residents seeking a quiet, community-oriented environment with a lower cost of living compared to major metropolitan areas.
Median prices moved up 2.1% year over year.
Homes spend a median of 87 days on market with 5.2 months of supply — a balanced-paced market.
28% 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 0.3% · poverty 6.2% — 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 6.5%/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 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47532, Dubois 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.
The area is served by the Southeast Dubois County School Corporation, which generally maintains a positive reputation within the region.
The local economy is anchored by manufacturing and agricultural sectors, with steady but modest development momentum in the Dubois County area.
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 regional highways connecting to larger employment hubs in Southern Indiana.
The area features access to local parks and outdoor recreation typical of the Southern Indiana landscape, with community-focused amenities in Ferdinand.
The rental market is characterized by limited inventory and stable demand, with a mix of single-family rentals and small-scale multi-family units.
The economy is driven by a strong manufacturing base, particularly in furniture and wood products, alongside agricultural operations.
Transportation is primarily highway-based, with limited public transit options available in this rural-suburban setting.
Development is focused on small-scale residential expansion and infrastructure maintenance within the town limits.
The Dubois County Assessor manages property valuations based on annual market adjustments and cyclical reassessments.
Parcels are subject to local school corporation taxes and county-wide service districts.
Property insurance premiums are generally stable, reflecting the lower risk profile of the region compared to coastal or high-hazard zones.
Data retrieved from U.S. Census Bureau ACS and DHC datasets.
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.
- Holiday World & Splashin' Safari4.69.8 mi
- Schnitzelbank4.610.1 mi
- Sultan's Run4.710.6 mi
- Patoka Lake Winery4.613.9 mi
- League Stadium4.86.1 mi
- Holiday World & Splashin' Safari4.69.8 mi
- Saint Meinrad Archabbey4.76.2 mi
- Lincoln Boyhood National Memorial4.812.8 mi
- Santa Claus Museum & Village4.710.2 mi
- Showplace Cinemas Jasper 84.210.3 mi
- Lincoln Boyhood National Memorial4.812.8 mi
- Abraham Lincoln Boyhood Home and National Museum4.812.8 mi
- Santa Claus Museum & Village4.710.2 mi
- Patoka Lake Nature Center4.613.9 mi
- Dubois County Museum Inc4.812.2 mi
- Lincoln Boyhood National Memorial4.812.8 mi
- Jasper Parklands4.811.5 mi
- Dubois County Fairgrounds4.45 mi
- Jasper Riverwalk4.710.4 mi
- Bohnert Park4.69.5 mi
- Hoosier Hills Marina4.312.8 mi
- Patoka Lake Marina4.515.3 mi
- Sultan's Run4.710.6 mi
- Rural King4.49.3 mi
- Dollar General4.110.1 mi
- Traderbaker Mall4.39.5 mi
- Ruler Foods4.412.3 mi
- Kringle Place4.610.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A large state-managed forest offering hiking, fishing, and camping.
A historic and architectural landmark serving as a cultural anchor for the town.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.