Zip 47837 (Carbon, IN) Housing

The housing in 47837 Carbon, IN has a median value of $158,600, which is significantly lower than the US House Median Value of $338,100. However, despite its lower value, the 1 year House Appreciation rate for this area is higher at 14.15%, compared to the US average of 8.27%. This suggests that this area may be undergoing rapid property development and could potentially offer great investment opportunities for potential buyers.

The median home cost in Carbon (zip 47837) is $158,600. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Carbon (zip 47837) is up 15.4%.

Average Age of Homes

- The median age of Carbon (zip 47837) real estate is 29 years old

The Rental Market in Carbon (zip 47837)

- Renters make up 8.3% of the Carbon (zip 47837) population
- 0.0% of houses and apartments in Carbon (zip 47837), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Carbon, Indiana	United States
	439.0	139,647,020.0
	40	42
	$158,600	$338,100
	15.4%	16.6%
	50.6%	57.0%
	66.3%	101.1%
	$4.92	$10.98
	$542	$2,690
	70.6%	57.4%
	18.0%	11.2%
	11.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	16.9%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	5.8%	2.4%
	14.8%	2.8%
	5.2%	3.9%
	13.2%	4.5%
	28.4%	11.3%
	1.3%	13.0%
	24.5%	20.1%
	0.0%	13.6%
	1.9%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	20.5%	13.6%
	9.6%	13.2%
	7.7%	14.8%
	20.5%	13.6%
	2.1%	10.0%
	2.5%	4.7%
	32.3%	12.2%

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