ZIP Code Market Report
47949 — 47949, IN
Data through February 2026 · Updated monthly
Avg Home Value
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Month-over-Month
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Single Family
$193,271
Condo / Co-op
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The market in 47949 has a $245,070 spread between bottom-tier homes at $117,978 and top-tier homes at $363,049. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Fountain County market area in INDIANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Fountain County report.
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Market Snapshot
47949 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Single Family Value | $188,029 | $190,474 | $193,271 | ▲ 2.8% |
Home Values
47949 Home Value Trend
Historical home values for ZIP code 47949. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 47949
How different property types compare in this ZIP code.
Single Family
$193,271
Bottom Tier
$117,978
Top Tier
$363,049
Data Sources and Methodology
Home value data for ZIP code 47949 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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