The story of this market
The typical home in ZIP 47352 sells for about $185,000, or $112 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $706 a month.
ZIP 47352 — Lewisville
The housing market in 47352 is characterized by low inventory and slow turnover, typical of a rural Indiana community. Prices have seen modest appreciation, driven by limited supply rather than high demand, keeping the market stable but quiet.
This ZIP is best suited for budget-conscious family buyers and those seeking a quiet, rural lifestyle who are comfortable with a commute to nearby employment hubs.
Median prices moved up 2.5% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 14.0% — 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 9.0%/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 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47352, Henry 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 South Henry School Corporation, which generally maintains a rural community focus with modest performance metrics.
The region is primarily inland with low wildfire risk, though localized flooding can occur near small creek beds; standard homeowner insurance coverage is generally available.
Economic momentum is driven by proximity to regional manufacturing hubs in Henry and Wayne counties, with limited new residential development activity.
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 commute by personal vehicle to employment centers in New Castle or Richmond via US-40, with no public transit options available.
Local recreation is centered on small community parks and rural outdoor activities, with limited commercial shopping or dining options within the immediate ZIP code.
The rental market is characterized by low inventory and primarily consists of single-family home conversions, with limited multi-family supply.
The local economy is largely agricultural and manufacturing-based, with many residents commuting to larger industrial employers in the surrounding Henry County area.
Transportation is entirely dependent on private vehicle use, with US-40 serving as the primary arterial road for regional access.
There are no major commercial or residential developments currently approved or under construction within the ZIP code.
Parcels are subject to South Henry School Corporation levies and standard county-level taxing districts.
Property insurance premiums are generally stable, reflecting the low-hazard rural environment of the area.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Rush To Escape513.7 mi
- New Castle Motorsports Park4.64.4 mi
- Farmer's Pike Festival4.510.4 mi
- Rose City Bowl4.69 mi
- Indiana Basketball Hall of Fame4.87.9 mi
- Rose City Bowl4.69 mi
- Wilbur Wright Birthplace Museum4.612.7 mi
- Henry County Memorial Park4.510.4 mi
- Sunset Park & Splash Pad4.49 mi
- Whitewater Valley Railroad4.616 mi
- Hoosier Gym4.98.5 mi
- Indiana Basketball Hall of Fame4.87.9 mi
- Wilbur Wright Birthplace Museum4.612.7 mi
- Henry County Memorial Park4.510.4 mi
- Osborne Park4.210 mi
- Sunset Park & Splash Pad4.49 mi
- Manlove Park4.39.7 mi
- Hagerstown Public Park4.612.8 mi
- Royal Hylands Golf Club4.78.5 mi
- Memorial Park Golf Course4.610.7 mi
- Rural King4.29.2 mi
- Payne Village Shopping Center3.77.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Small local park providing basic outdoor space for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.