The story of this market
The typical home in ZIP 47665 sells for about $194,950, or $105 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $965 a month.
ZIP 47665 — Owensville
The housing market in 47665 is characterized by very low inventory and stable, modest price growth. Activity is driven by local demand in a small-town setting, with limited turnover and minimal speculative investment.
This ZIP is best suited for families and individuals seeking a quiet, low-cost, small-town lifestyle with a strong sense of community.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 5.4% — 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 8.3%/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 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47665, 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.
Owensville maintains a very low crime rate, ranking among the safest communities in the nation.
Local schools are part of the North Gibson School Corporation, which serves the broader rural community.
The area is subject to standard Midwestern weather risks, including seasonal storms and potential flooding in low-lying agricultural zones.
The local economy is primarily driven by agriculture and proximity to regional manufacturing hubs in Gibson 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.
Residents primarily rely on personal vehicles for commuting to employment centers in Princeton or Evansville.
The area features small-town community parks and is within driving distance of regional outdoor recreation and local dining.
The rental market is limited in depth due to the small town size, with low turnover and primarily single-family home inventory.
The economy is anchored by agricultural production and regional manufacturing employers in Gibson County.
Transportation is entirely dependent on regional highway networks; no public transit infrastructure exists.
Development is primarily focused on small-scale residential maintenance and agricultural infrastructure.
The Gibson County Assessor manages property valuations based on annual market adjustments.
Parcels are subject to North Gibson School Corporation levies and local municipal utility districts.
Standard homeowners insurance is available, though premiums are influenced by regional storm and wind exposure.
Data retrieved from data.census.gov for ZCTA 47665.
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 Center4.616.6 mi
- Tri State Speedway4.811.9 mi
- Prime Time North4.416.8 mi
- Gibson County Fairgrounds4.411.4 mi
- Polka Dots Play Cafe4.712.5 mi
- Beall Woods State Park4.66.7 mi
- Showplace Cinemas Princeton 84.410 mi
- Lyles Station Historic School & Museum4.88.5 mi
- Beall Woods State Park4.66.7 mi
- Mount Carmel City Park4.511.4 mi
- Rural King4.210.5 mi
- Finders Keepers4.310.7 mi
- Ruler Foods4.510.8 mi
- Dollar General410.5 mi
- Dollar General411.4 mi
- Evansville Regional Airport4.320.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community space for recreation and gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.