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Smithville-Sanders CDP, IN

ZIP 47401 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47401

Median Home Value
$333,100
Median Rent
$1,038
Affordability Snapshot
$92,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,140/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

26.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 47401 in Smithville-Sanders CDP, IN, a household would need roughly $92,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,140. That is about 40% above the local median household income ($65,643), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
54.1%-17% vs US avg
x
Vacancy Rate
9.6%-7% vs US avg
x
Broadband Access
90.0%+3% vs US avg
x
4+ Bedrooms
6.3%-58% vs US avg
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
31.6%-36% vs US avg
x
Mortgage-Free
40.8%+7% vs US avg
x
$333,100
Home Value
$1,038
Rent
1988
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached51.1%
  • 1-unit attached9.3%
  • 2-9 units18.5%
  • 10+ units20.6%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$333,100
Median rent$1,038
Owner-occupied54.1%
Vacant9.6%
Price-to-income5.1x
Est. income to buy$92,000