The story of this market
The typical home in ZIP 47635 sells for about $159,700, or $105 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $679 a month.
ZIP 47635 — Rockport
The housing market in 47635 remains stable with modest price appreciation and low inventory levels. Demand is driven by local residents and those seeking affordable housing within commuting distance of the Evansville area. Market conditions are currently balanced, reflecting a steady, slow-growth environment.
This ZIP is well-suited for families and individuals seeking a quiet, small-town lifestyle with affordable housing options and proximity to the Ohio River, while remaining within commuting distance of larger regional employment centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 62 days on market with 3.4 months of supply — a fast-moving market.
12% 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 4.0% · poverty 7.8% — 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 3.7%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47635, Spencer 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.
Rockport generally experiences lower crime rates compared to the national average, with local law enforcement maintaining a stable presence in the community.
Schools serving the 47635 area are part of the South Spencer County School Corporation, which is generally characterized by stable performance and community-focused educational environments.
The area is situated along the Ohio River, necessitating awareness of flood plain management and standard regional insurance coverage for wind and storm events.
Economic momentum is tied to regional industrial activity along the Ohio River corridor and local agricultural sectors, with steady but modest development patterns.
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 employment hubs in the Evansville metropolitan area.
The area features access to Ohio River waterfront activities, local parks, and proximity to rural outdoor recreation, with basic shopping and dining options located within Rockport.
The rental market is characterized by low inventory and steady demand, primarily serving local workers and families with limited short-term rental saturation.
The local economy is anchored by manufacturing, logistics, and agricultural sectors, with significant influence from industrial operations along the Ohio River.
Transportation is primarily highway-based, with regional connectivity provided by state roads linking to the broader Evansville transit network.
Development is focused on maintaining existing infrastructure and supporting small-scale residential growth within the city limits.
The Spencer County Assessor manages property valuations based on annual market adjustments and state-level assessment guidelines.
Parcels are subject to local school district taxes and standard county-level municipal service levies.
Property insurance markets are stable, though premiums reflect regional exposure to severe weather events common in the Ohio Valley.
Data retrieved from data.census.gov ZCTA 47635 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.
- Holiday World & Splashin' Safari4.619.2 mi
- Burgh House & Family Entertainment Center4.418.4 mi
- Elite Air Owensboro4.210.8 mi
- Owensboro Convention Center4.57.4 mi
- Owensboro Sportscenter4.38.4 mi
- The Patio Steak House4.518.3 mi
- Bluegrass Music Hall of Fame & Museum4.87.4 mi
- RiverPark Center4.67.3 mi
- Holiday Drive-In Theatre4.82 mi
- Malco Owensboro Cinema Grill & MXT4.28.2 mi
- Jack C. Fisher Park4.69.1 mi
- Legion Park4.69.6 mi
- Bowlodrome, Club 300, Southern Lanes effective 20213.98.1 mi
- Owensboro Sportscenter4.38.4 mi
- Lincoln Boyhood National Memorial4.816.9 mi
- Bluegrass Music Hall of Fame & Museum4.87.4 mi
- Abraham Lincoln Boyhood Home and National Museum4.816.8 mi
- Santa Claus Museum & Village4.718.8 mi
- Smothers Park4.87.3 mi
- Jack C. Fisher Park4.69.1 mi
- Yellow Creek Park4.66.2 mi
- Legion Park4.69.6 mi
- Western Kentucky Botanical Garden4.68 mi
- French Island Marina and Boat Club4.67.8 mi
- The Pearl Club4.66.9 mi
- Owensboro Country Club4.19.8 mi
- The Rustic Golf Course & Country Club4.31.6 mi
- Meijer4.48.5 mi
- Rural King4.47 mi
- Consumer Mall4.36.8 mi
- Ross Dress for Less4.48.1 mi
- Kohl's4.39 mi
- Evansville Regional Airport4.326.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and community recreational facilities.
Serves as a major natural amenity for fishing, boating, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.