The story of this market
The typical home in ZIP 47670 sells for about $140,400, or $115 per square foot.
Prices are up +2.4% 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 $1,018 a month.
ZIP 47670 — Princeton
The housing market in 47670 remains stable with modest price appreciation driven by limited inventory and steady demand. Affordability remains a key factor, keeping the market resilient despite broader economic headwinds. Most activity is concentrated in the single-family segment, with few new developments currently impacting the supply-demand balance.
This ZIP is well-suited for families and long-term residents seeking an affordable, small-town environment with reasonable access to larger regional employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 62 days on market with 4.2 months of supply — a balanced-paced market.
18% 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 2.7% · poverty 13.5% — 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 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47670, Gibson 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.
Crime rates in Princeton are generally lower than the national average, with property crime being the primary concern in the local area.
Schools in the area are served by the North Gibson School Corporation, which maintains a stable reputation for academic performance relative to regional peers.
The area faces moderate risk from severe thunderstorms and occasional flooding near the Patoka River basin, with standard insurance coverage typically available.
Economic momentum is driven by local manufacturing and agricultural support industries, with steady infrastructure maintenance and modest commercial development.
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.
Commuting is primarily car-dependent, with residents utilizing US-41 and I-69 for access to major employment hubs in Evansville.
Local amenities include the Princeton Country Club, various community parks, and proximity to the Patoka National Wildlife Refuge for outdoor activities.
The rental market is characterized by low vacancy rates and steady demand, with limited new multi-family construction keeping supply tight.
The economy is anchored by manufacturing, healthcare, and agricultural services, with significant employment ties to the broader Evansville metropolitan area.
Development is focused on small-scale residential infill and minor commercial improvements along the US-41 corridor.
Parcels are subject to North Gibson School Corporation levies and standard county-level special service districts.
Property insurance remains stable, though premiums are influenced by regional exposure to severe weather events.
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.
- Vanderburgh 4-H Center4.618.3 mi
- Tri State Speedway4.810.1 mi
- Prime Time North4.418.3 mi
- Gibson County Fairgrounds4.41.1 mi
- Azalea Path4.79.2 mi
- Polka Dots Play Cafe4.710.9 mi
- Showplace Cinemas Princeton 84.42.4 mi
- Lyles Station Historic School & Museum4.85.5 mi
- Azalea Path4.79.2 mi
- Oakland City Golf Club4.511.2 mi
- Rural King4.21.8 mi
- Finders Keepers4.31.5 mi
- Ruler Foods4.51.4 mi
- Dollar General48 mi
- Dollar General40.8 mi
- Evansville Regional Airport4.321.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local private golf facility serving the community.
Large regional area for hiking, birding, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.