The story of this market
The typical home in ZIP 47666 sells for about $183,000, or $105 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $747 a month.
ZIP 47666 — Patoka
The housing market in 47666 is characterized by slow price appreciation and high vacancy rates, reflecting a challenging environment for investors. While home values remain affordable at $183,000, the elevated vacancy and limited sales volume indicate a lack of strong market momentum.
This ZIP is primarily suited for local residents or experienced investors comfortable with rural market dynamics, as the lower price point is balanced by higher vacancy risks and slower liquidity.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.1% · poverty 19.8% — 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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47666, 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.
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.
The rental market in 47666 exhibits high vacancy rates of approximately 20.3%, suggesting limited demand pressure and potential challenges for landlords.
The local economy is largely driven by regional agricultural and industrial sectors typical of Gibson County.
Data retrieved from census.gov ZCTA profiles for 47666.
- Ponderosa Steakhouse4.216.1 mi
- Tri State Speedway4.815.2 mi
- Gibson County Fairgrounds4.44.9 mi
- Red Skelton Performing Arts Center4.818.2 mi
- Azalea Path4.76.4 mi
- Showplace Cinemas Princeton 84.45.9 mi
- Lyles Station Historic School & Museum4.87.2 mi
- Indiana Military Museum4.917 mi
- The Red Skelton Museum of American Comedy4.818.2 mi
- William Henry Harrison's Grouseland4.717.8 mi
- George Rogers Clark Memorial4.817.4 mi
- Lyles Station Historic School & Museum4.87.2 mi
- Azalea Path4.76.4 mi
- Mount Carmel City Park4.512.6 mi
- Oakland City Golf Club4.512.4 mi
- Rural King4.25.6 mi
- Finders Keepers4.35.5 mi
- Ruler Foods4.55.5 mi
- Dollar General45.8 mi
- Town Fair Shopping Center4.15.9 mi
- Evansville Regional Airport4.326.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.