The story of this market
The typical home in ZIP 47335 sells for about $117,500, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $714 a month.
ZIP 47335 — Dublin
The housing market in 47335 remains stable with high affordability and low inventory levels. Price growth is modest, driven by limited new construction and a steady, albeit slow, local economy. Market conditions are characterized by a lack of speculative activity and a focus on long-term residential stability.
This area is best suited for families and individuals seeking an affordable, rural lifestyle with a low cost of living, though it offers limited amenities for those requiring urban convenience.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 4.6% — 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 4.1%/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 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 47335, Jay 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.
Schools in the area are primarily served by the Jay School Corporation, which provides standard public education for the rural county population.
The area faces typical Midwestern climate risks, including seasonal severe thunderstorms and occasional wind events, with standard insurance coverage available.
Economic momentum is modest with a focus on manufacturing and agriculture; recent efforts include plans for new mixed-use housing developments to address long-term inventory stagnation.
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.
Commutes are primarily car-dependent, with residents traveling to local employment hubs in Portland or neighboring counties via state highway corridors.
Local recreation includes community parks, small-town athletic facilities, and access to rural outdoor spaces typical of East Central Indiana.
The rental market is characterized by low inventory and steady demand, with rents remaining affordable relative to state and national averages.
The economy is anchored by manufacturing and agricultural sectors, with Portland serving as the primary employment and service hub for the county.
Transportation relies on a network of state highways; there is no significant public transit infrastructure.
Development is focused on revitalizing local housing stock through new mixed-use projects in the county seat.
The Jay County Assessor manages property valuations based on annual market adjustments and state-mandated assessment cycles.
Parcels are subject to Jay School Corporation taxes and local municipal levies.
Property insurance premiums are generally stable, reflecting the area's low-to-moderate risk profile for natural disasters.
The state has seen modest net domestic migration gains, though rural counties like Jay have experienced slight population declines.
Indiana is a judicial foreclosure state requiring court intervention to complete the process.
Sellers are required to provide a standard residential real estate disclosure form detailing the condition of the property.
Data retrieved from Census Reporter and MoverMath profiles for Jay County.
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.
Local aquatic facility serving the county seat.
Hosts regional events and the annual county fair.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.