The story of this market
The typical home in ZIP 47613 sells for about $225,000, or $145 per square foot.
Prices are up +6.7% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $775 a month.
ZIP 47613 — Elberfeld
The 47613 market is a stable, family-oriented rural enclave with high owner-occupancy and limited inventory. Values have seen steady appreciation, driven by demand for low-density living within commuting distance of Evansville. The market remains quiet with low turnover and minimal new development.
This ZIP fits family buyers and those seeking a quiet, low-density rural lifestyle within driving distance of Evansville's amenities.
Median prices moved up 6.7% year over year.
Homes spend a median of 45 days on market with 3.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.7% · poverty 4.8% — 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 5.0%/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 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47613, Indiana
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 Warrick County School Corporation, which maintains a stable reputation for rural education.
The area is subject to standard Indiana weather risks; specific localized insurance-climate posture is not determinable.
Growth is driven by its role as a residential satellite for the Evansville metro area, with access via I-69 and I-64.
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 are car-dependent, typically commuting to the Evansville employment core via I-69 and I-64.
Recreation is limited to local community parks and the rural environment, with major shopping and dining located in nearby Evansville.
The rental market is very thin, consisting primarily of single-family homes with low vacancy pressure.
The economy is primarily a residential base with employment tied to the broader Evansville-area industry and services sector.
No major industrial or high-density residential developments are currently announced for the immediate 47613 footprint.
Parcels are subject to the Warrick County School Corporation and local township taxing districts.
Standard residential property insurance environment for rural Indiana with no specific high-risk posture noted.
Data retrieved from data.census.gov ZCTA 47613 profile.
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.
- Urban Air Trampoline and Adventure Park3.811.5 mi
- Sky Zone Trampoline Park4.411.6 mi
- Burgh House & Family Entertainment Center4.411.8 mi
- Chuck E. Cheese4.311.3 mi
- Elite Air Evansville Trampoline Park4.59.1 mi
- Ford Center4.413.6 mi
- Old National Events Plaza4.513.5 mi
- Ellis Park Racing & Gaming4.216.7 mi
- Golden Corral Buffet & Grill4.311.3 mi
- COMFORT by the Cross-Eyed Cricket4.413.8 mi
- Showplace Cinemas Evansville East 204.410.6 mi
- Dig 'N Roll Indoor Playground4.411.2 mi
- Walther's Golf & Fun4.512.2 mi
- Interlake State Recreation Area4.611.8 mi
- Deep Blue Indoor Play4.69.9 mi
- Angel Mounds State Historic Site4.413.5 mi
- John James Audubon State Park4.519.2 mi
- Children's Museum of Evansville4.413.6 mi
- Evansville Museum of Arts, History and Science4.514.1 mi
- USS LST-3254.813.9 mi
- Deaconess Sports Park EVV4.57.8 mi
- Interlake State Recreation Area4.611.8 mi
- Scales Lake Park4.411.4 mi
- Friedman Park4.711.3 mi
- Wesselman Woods4.611.5 mi
- Walther's Golf & Fun4.512.2 mi
- Victoria National Golf Club4.811 mi
- Cambridge Golf Course and Event Center4.55.4 mi
- Quail Crossing Golf Club49.7 mi
- Fendrich Golf Course4.211 mi
- Eastland Mall4.211.2 mi
- Meijer4.310.1 mi
- Ross Dress for Less4.311.5 mi
- Rural King4.311.1 mi
- T.J. Maxx4.311.7 mi
- Evansville Regional Airport4.38.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community space for outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.