Zip 47117 (Elizabeth, IN) Housing

Housing in Elizabeth, IN (47117) is quite affordable compared to the US median value, which is $338,100. The median value for Elizabeth is significantly lower than that of the US at $198,500. In the past year, housing appreciation in Elizabeth has been higher than in the US with an appreciation rate of 13.41%, compared to 8.27% nationally. This makes 47117 a desirable area for investing in real estate due to its low median value and high appreciation rate.

The median home cost in Elizabeth (zip 47117) is $198,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Elizabeth (zip 47117) is up 15.2%.

Average Age of Homes

- The median age of Elizabeth (zip 47117) real estate is 39 years old

The Rental Market in Elizabeth (zip 47117)

- Renters make up 7.2% of the Elizabeth (zip 47117) population
- 0.0% of houses and apartments in Elizabeth (zip 47117), 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	Elizabeth, Indiana	United States
	1,705.0	139,647,020.0
	41	42
	$198,500	$338,100
	15.2%	16.6%
	55.7%	57.0%
	81.4%	101.1%
	$5.64	$10.98
	$851	$2,690
	77.5%	57.4%
	9.1%	11.2%
	13.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	5.5%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	5.3%	2.4%
	10.7%	2.8%
	7.3%	3.9%
	8.1%	4.5%
	16.7%	11.3%
	14.5%	13.0%
	24.8%	20.1%
	3.0%	13.6%
	3.8%	8.3%
	1.8%	9.7%
	2.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.7%	13.6%
	16.7%	13.6%
	14.4%	13.6%
	11.9%	13.2%
	10.1%	14.8%
	14.4%	13.6%
	7.3%	10.0%
	9.6%	4.7%
	9.0%	12.2%

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