Area data
Otwell, IN — ZIP 47564
Population: 1,378 (Census ACS)
The median home value in ZIP 47564 (Otwell, IN) is $229,776 — up 7.6% over the past year. Homes sell for a median $240,000 after a median 28 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low. Cost of living is 6.7% below the US average (BEA, metro/state-level).
$229,776
Median home value
+7.6%
1-year change
28
Median days on market
Very Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $229,776
- 1-year appreciation
- +7.6%
- 3-year appreciation
- +17.3%
- 5-year appreciation
- +37.3%
- 10-year appreciation
- +105.5%
- All-time peak (2026-08)
- $229,776
- House Price Index (state)
- 378.8 (+3.5% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $240,000
- Median list price
- $187,300
- Median price per sqft
- $137
- 1-year sale-price change
- +100.0%
- Median days on market
- 28 days
- Homes sold (recent period)
- 3
- Sale-to-list ratio
- 96.4%
- Active listings
- 2
- 1-year forecast
- +4.4%
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $759/mo
- 1BR fair-market rent
- $775/mo
- 2BR fair-market rent
- $1,014/mo
- 3BR fair-market rent
- $1,404/mo
- 4BR fair-market rent
- $1,429/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Below Average)
- 93.3 (100 = US avg)
- Electricity rate (state-level)
- 16.2¢/kWh
- Natural gas rate (state-level)
- $11.50/MCF
- 30-year mortgage rate (national)
- 7.40%
- 15-year mortgage rate (national)
- 6.73%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 1
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 0
- Charter schools
- 1
- Avg student-teacher ratio
- 15.3 : 1
- Schools include
- Otwell Miller Academy
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Very Low
- Notable hazard ratings (county)
- drought: Relatively Low · tornado: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low · lightning: Relatively Low · earthquake: Relatively Low
- Wildfire risk to homes (county)
- Higher than 19% of US counties
- Buildings in wildfire direct-exposure zone
- 69.2%
- Radon potential (county)
- Moderate radon potential — EPA Zone 2 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Prestolite Battery Division (25 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 57.0°F
- Average high
- 68.0°F
- Average low
- 47.0°F
- Annual precipitation
- 49.6 in
- Annual snowfall
- 8.3 in
- USDA plant hardiness zone
- 6b (extreme annual low -5 to 0°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Lincoln Boyhood National Memorial (26 mi)
- National parks include
- Lincoln Boyhood National Memorial, George Rogers Clark National Historical Park
- Airports within 30 mi
- 16
- Nearest airport
- Alford Airpark (7 mi)
- Nearest major airport
- Evansville Regional Airport (EVV) (38 mi)
- Hospitals nearby (~15 mi)
- 18
- Hospitals include
- WABASH GENERAL HOSPITAL 1, CRAWFORD MEMORIAL HOSPITAL, LAWRENCE COUNTY MEMORIAL HOSPITAL
- Avg hospital rating (CMS)
- 3.3 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- Solar radiation rating
- Fair (4.1 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -3 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,973
- Housing built before 1970
- 43.0%
- Housing built 2000 or later
- 11.4%
- Median annual property tax
- $1,253
- Households with broadband internet
- 49.6%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 2,004
- Average weekly wage
- $1,445
- Top industries (by employment)
- Construction, Administrative Services, Other Services
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 47564 | State median | US median | |
|---|---|---|---|
| Median home value | $229,776 | $237,748 | $288,527 |
| Median sale price | $240,000 | $238,000 | $325,000 |
| Median days on market | 28 days | 38 days | 51 days |
| Median annual property tax | $1,253 | $1,179 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 47564?
- $229,776.
- What is the median sale price in ZIP 47564?
- $240,000.
- How long do homes take to sell in ZIP 47564?
- Median days on market: 28 days.
- What is typical rent in ZIP 47564?
- 2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in ZIP 47564?
- Overall risk: Very Low (FEMA NRI, county-level).
- What is the wildfire risk in ZIP 47564?
- Risk to homes is higher than 19% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 47564?
- Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 47564?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 47564?
- 1 schools (1 elementary) (NCES, 2022-23).
- What is the cost of living in ZIP 47564?
- Regional Price Parity: 93.3 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Oct 2026. See all data sources →