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Elnora town, IN

ZIP 47529 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47529

Median Home Value
$127,700
Median Rent
$392
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$820/mo PITI).

6%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

27.1 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 47529 in Elnora town, IN, a household would need roughly $35,000 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 $820. That sits below the local median household income ($74,750), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.7%+17% vs US avg
x
Vacancy Rate
12.9%+25% vs US avg
x
Broadband Access
80.6%-7% vs US avg
x
4+ Bedrooms
4.2%-71% vs US avg
x
Built Pre-1939
10.0%-22% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
14.3%-71% vs US avg
x
Mortgage-Free
38.3%+0% vs US avg
x
$127,700
Home Value
$392
Rent
1960
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached83.3%
  • 1-unit attached0.0%
  • 2-9 units5.1%
  • 10+ units0.7%
  • Mobile home & other10.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$127,700
Median rent$392
Owner-occupied76.7%
Vacant12.9%
Price-to-income1.7x
Est. income to buy$35,000