The story of this market
The typical home in ZIP 47347 sells for about $275,800, or $136 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 47347
The housing market in ZIP 47347 remains stable with limited inventory and steady demand. Prices have seen modest year-over-year growth, driven by the area's affordability relative to larger regional hubs. Most figures are based on local market trends; specific active listing counts and sales data are limited due to the rural nature of the area.
This area is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options and a manageable commute to regional employment centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 105 days on market with 6.0 months of supply — a slower-moving 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 4.8% · poverty 11.5% — 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 7.4%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 49057, Van Buren County MI
The area reports low crime rates consistent with rural Van Buren County, with property crime being the primary concern.
Schools serving the area are part of the Hartford Public Schools district, which generally maintains average state accountability ratings.
The region is subject to standard Midwestern weather risks, including seasonal wind and occasional heavy precipitation; flood risk is localized to specific low-lying areas.
Economic momentum is driven by regional agricultural production and proximity to manufacturing hubs in Southwest Michigan, with limited new large-scale infrastructure projects.
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.
Commutes are primarily car-dependent, with access to I-94 providing regional connectivity to Kalamazoo and Benton Harbor.
Local recreation includes access to rural parklands, nearby inland lakes for fishing, and small-town community amenities in Hartford.
The rental market is characterized by low inventory and steady demand from local workers, with limited short-term rental presence.
The local economy is anchored by agriculture, food processing, and small-scale manufacturing, with employment distributed across the Van Buren County region.
Transportation is almost exclusively private vehicle-based, with I-94 serving as the primary artery for regional travel.
There are no major large-scale commercial or residential developments currently under construction within this specific ZIP code.
The Van Buren County Equalization Department oversees property assessments, ensuring compliance with state-mandated valuation standards.
Parcels are subject to local school district taxes and county-wide millages for emergency services and infrastructure.
Property insurance premiums are stable, reflecting the area's low-to-moderate risk profile for natural disasters.
Data retrieved from data.census.gov for ZCTA 49057.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Local community park with playground and picnic facilities.
Nearby recreational lake popular for boating and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.