The story of this market
The typical home in ZIP 47030 sells for about $202,000, or $133 per square foot.
Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,000 a month.
ZIP 47030 — Metamora
The 47030 housing market is currently balanced with very low inventory and low sales volume. Prices remain stable, and the market is characterized by high owner-occupancy and a rural, historic setting. Data for specific metrics like tax history and school ratings are not currently published at the ZIP level.
This ZIP is best suited for those seeking a rural, historic lifestyle, including retirees and those who can work from home, given the limited local employment base and balanced market conditions.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 105 days on market with 2.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — 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 -7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 47030, Franklin County IN
The area has moderate flood and wildfire risk scores as reported in regional planning context.
The local economy is anchored by healthcare, construction, and manufacturing sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. 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) — 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 typically commute to regional employment hubs; approximately 13.9% of the workforce reports working from home.
The area is known for the historic Metamora canal district, offering local shopping, dining, and outdoor recreation.
The rental market is characterized by limited inventory with a median monthly rent of approximately $2,000.
The economy is primarily driven by small-scale manufacturing, construction, and local service industries.
The area is served by US Highway 52; public transit options are not available.
No major large-scale commercial or residential developments are currently reported for this ZIP.
Franklin County assesses property values for tax purposes.
Parcels are subject to Franklin County taxing jurisdictions.
Property insurance premiums are influenced by regional wildfire and flood risk profiles.
Data retrieved from US Census Bureau and regional demographic aggregators.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
A preserved 19th-century canal town featuring shops and historic attractions.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.