ZIP Code Market Report
47432 โ French Lick, IN
Data through February 2026 ยท Updated monthly
Avg Home Value
$187,730
โฒ 4.8% year-over-year
Month-over-Month
-0.3%
โผ 0.3%
Single Family
$183,646
Condo / Co-op
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The average home value in the 47432 ZIP code (French Lick, INDIANA) is $187,730 as of February 2026. Home prices are rising, up 4.8% compared to last year.
The market in 47432 has a $206,301 spread between bottom-tier homes at $101,818 and top-tier homes at $308,119. 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 Orange County market area in INDIANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Orange County report.
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Market Snapshot
47432 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 |
|---|---|---|---|---|
| Avg Home Value | $187,474 | $188,347 | $187,730 | โฒ 0.1% |
| Single Family Value | $179,866 | $181,670 | $183,646 | โฒ 2.1% |
Home Values
47432 Home Value Trend
Historical home values for ZIP code 47432. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 47432
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $145,494 |
| 4 Bedrooms | $254,836 |
Property Types
Home Values by Property Type in 47432
How different property types compare in this ZIP code.
All Homes
$187,730
Single Family
$183,646
Bottom Tier
$101,818
Top Tier
$308,119
Data Sources and Methodology
Home value data for ZIP code 47432 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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