The story of this market
The typical home in ZIP 47330 sells for about $249,000, or $149 per square foot.
Prices are up +10.38% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $832 a month.
ZIP 47330 — Centerville
The 47330 housing market is characterized by high buyer competition and tight supply, with homes frequently selling at full asking price. While inventory has increased year-over-year, the designation of a hot market and a 28-day median time on market reflect sustained demand that continues to outpace availability.
Fits family buyers and downsizers seeking a quiet, peaceful community with a low cost of entry compared to larger metros.
Median prices moved up 10.4% year over year.
Homes spend a median of 28 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 9.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47330, Wayne 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.
Schools in the Centerville area are generally characterized as accessible and a positive factor for the community's residential appeal.
Development is steady, focusing on maintaining the town's small-town character while serving as a residential hub within Wayne County.
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.
Car-dependent; Centerville is primarily a commuter-oriented residential area where daily errands and employment access typically require personal vehicle use.
Features local parks and historic districts; recreation is centered on a calm, quiet, and peaceful small-town environment with limited high-intensity commercial attractions.
Rental market is extremely tight with very low inventory, providing few options for non-homeowners.
Primarily residential; economic activity is anchored by proximity to Richmond, Indiana, and broader regional employment within the Eastern Indiana corridor.
No large-scale urban development projects reported; focus remains on small-town residential stability.
Standard local school, county, and township taxing districts; no special MUD/PID districts identified.
Standard regional property insurance posture; typically affected by Midwestern weather patterns.
Data retrieved from data.census.gov for ZCTA 47330.
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.
Preserved historic area reflecting the town's heritage.
Community-focused green spaces for local residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.