Zip 47561 (Oaktown, IN) Housing

The housing market in 47561 Oaktown, IN is healthy and growing. The median value of homes in the area is $133,200, which is much lower than the US median value of $338,100. However, appreciation for homes in this area has been slightly higher over the past year at 8.45% compared to 8.27% nationally. As such, Oaktown remains a great place to invest in real estate and a smart choice for those looking to purchase property in the region.

The median home cost in Oaktown (zip 47561) is $133,200. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Oaktown (zip 47561) is up 13.8%.

Average Age of Homes

- The median age of Oaktown (zip 47561) real estate is 37 years old

The Rental Market in Oaktown (zip 47561)

- Renters make up 23.1% of the Oaktown (zip 47561) population
- 1.0% of houses and apartments in Oaktown (zip 47561), 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	Oaktown, Indiana	United States
	785.0	139,647,020.0
	41	42
	$133,200	$338,100
	13.8%	16.6%
	45.2%	57.0%
	63.6%	101.1%
	$6.42	$10.98
	$514	$2,690
	59.7%	57.4%
	14.0%	11.2%
	26.2%	31.4%
Vacant Housing
	1.0%	1.9%
	1.3%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.8%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	23.5%	2.4%
	11.7%	2.8%
	9.8%	3.9%
	13.6%	4.5%
	10.2%	11.3%
	19.2%	13.0%
	2.6%	20.1%
	1.7%	13.6%
	0.0%	8.3%
	2.8%	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%
	11.7%	13.6%
	11.7%	13.6%
	17.2%	13.6%
	15.8%	13.2%
	5.6%	14.8%
	17.2%	13.6%
	4.5%	10.0%
	10.2%	4.7%
	20.3%	12.2%

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