Housing Insights for ZIP Code 47017 (Cross Plains, IN)

Housing Summary for ZIP Code 47017

Homeowners

The median home value in ZIP Code 47017 (Cross Plains, IN) is $148,800. Approximately 87.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 47017 is 1.93 occupants, while owner-occupied units have an aggregate average size of 2.48 bedrooms per housing unit.

Renters

In the 47017 ZIP Code, an estimated 12.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.35 occupants, while renters in this Ripley County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 47017

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 47017.

ZIP 47017 Indiana U.S.
Median Home Value $148,800 $254,239 $356,002
Owner-Occupied Housing Units 87.2% 69.1% 64.0%
Homeowner Vacancy Rate 0.0% 1.5% 1.6%
Average Size of Owner-Occupied Unit 1.93 2.61 2.70
Average # of Bedrooms Per Unit 2.48 2.79 2.75
Median Housing Rent $0 $826 $1,062
Renter-Occupied Housing Units 12.8% 30.9% 36.0%
Rental Vacancy Rate 0.0% 7.1% 6.0%
Average Size of Renter-Occupied Unit 2.35 2.32 2.49
Percent of Income Spent on Rent 0% 28.96% 29.83%

Home Values in ZIP Code 47017 (Cross Plains, IN)

The median home value in ZIP Code 47017 is $148,800. That median value is about 5% higher than the median home value of $141,700 in Indiana overall, and is 32% lower than the $217,500 the median home value in the entire U.S. Approximately 26.1% of homes in ZIP Code 47017 are valued $50,000 to $99,999. That is 15% higher than in the state of Indiana, in which 22.6% of homes are valued at $50,000 to $99,999, and is about 118% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 47017 homes fall into is $500,000 to $999,999 (0.0% of homes).

Home Values in ZIP Code 47017

This chart visualizes the breakdown of home values in ZIP Code 47017, Indiana, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 47017 vs. home values in both the state of Indiana and in the U.S. overall.

Home Values in ZIP Code 47017

See the table below for a regional comparison of home values in ZIP Code 47017.

Home Value ZIP 47017 Indiana U.S.
Less than $50,000 5.2% 8.4% 6.9%
$50,000 to $99,999 26.1% 22.6% 12.0%
$100,000 to $149,999 19.4% 22.6% 13.3%
$150,000 to $199,999 18.0% 17.9% 14.0%
$200,000 to $299,999 12.8% 16.0% 19.6%
$300,000 to $499,999 15.2% 9.2% 19.3%
$500,000 to $999,999 0.0% 2.8% 11.4%
$1,000,000 or more 3.3% 0.6% 3.4%

Home Ages in ZIP Code 47017 (Cross Plains, IN)

Approximately 46.1% of homes in this Cross Plains, IN region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 47017 is about 170% higher than percentage of homes built in this time period in Indiana overall (17.1% of homes), and is 266% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 15.1% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.0% of homes in this Ripley County ZIP Code were built in 1980 to 1989 in ZIP Code 47017. In comparison, 10.0% of homes in Indiana overall were built in 1980 to 1989, while 13.4% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 47017

A detailed regional comparison of home ages in ZIP Code 47017.

Year Built ZIP 47017 Indiana U.S.
2014 or later 0.0% 2.1% 2.5%
2010 to 2013 0.0% 2.4% 2.7%
2000 to 2009 7.7% 12.2% 14.0%
1990 to 1999 15.1% 14.7% 13.9%
1980 to 1989 0.0% 10.0% 13.4%
1970 to 1979 13.4% 13.9% 15.2%
1960 to 1969 8.1% 10.9% 10.6%
1950 to 1959 2.8% 11.0% 10.3%
1940 to 1949 6.7% 5.7% 4.9%
1939 or earlier 46.1% 17.1% 12.6%

Age of Homes in ZIP Code 47017

See the chart below for details on the age of homes in ZIP Code 47017, Indiana, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 47017

Frequently asked questions about housing in this Cross Plains, IN ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 47017.

1

What is the average home value ZIP Code 47017?

The median home value in ZIP Code 47017 (Cross Plains, IN) is $148,800.
2

Are homes expensive in ZIP Code 47017?

The median home value in 47017 ($148,800) is an estimated 5% higher than the aggregate median value of $141,700 in Indiana, and is 32% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 47017?

The vacacy rate for owner-occupied housing in ZIP Code 47017 is 0.0%. This rate is 100% lower than the overall Indiana owner-occupied vacancy rate of 1.5%. Additionally, the 47017 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 47017 have older homes or newer construction?

In ZIP Code 47017, about 46.1% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 15.1% of homes in the region were built in 1990 to 1999. In contrast, 0.0% of homes in 47017 were built in 1980 to 1989.
5

What is the housing breakdown in ZIP Code 47017? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 47017 than renter-occupied housing. Owner-occupied units make up 87.2% of housing, compared to 12.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 47017?

The vacacy rate for rental units in ZIP Code 47017 is 0.0%. This rate is 100% lower than the overall Indiana vacancy rate of 7.1%. Additionally, the 47017 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.