How much is a home worth in ZIP code 47172?

The typical home in 47172 is worth $301,624, based on the Zillow Home Value Index.

Are home values rising in 47172?

Home values in 47172 are up 1.5% over the past year, and up 4.6% a year over five years.

What is the typical rent in 47172?

A typical home in 47172 rents for about $1,345 a month, a gross rental yield of 5.4%.

What is the property tax rate in 47172?

The effective property tax rate in 47172 is 0.7% — roughly $2,154 a year on a typical home.

ZIP code 47172 has a population of 21,045 and a median household income of $82,503.

HousingHandbookReference data

…

U.S. ZIP Code · IN47172

Clark County · Louisville/Jefferson County, KY-IN

Typical home value

$301,624^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.5%
5-year / yr: +4.6%
10-year / yr: +5.6%

Relative price

vs U.S.: +6.2%
vs metro: +12.0%
vs state: +30.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 47172 is worth $301,624 — 12.0% above the Louisville/Jefferson County, KY-IN median. Over the past year, values have risen 1.5%. Homes here rent for a typical $1,345 a month — a 5.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,345^[2]
Gross yield: 5.4%^[2]
Cap rate: 3.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,154^[3]

#Climate risk

FEMA National Risk Index ratings for Clark County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 21,045^[3]
Median household income: $82,503^[3]

#Migration

Household moves in and out of Clark County over a year, from IRS tax-return data.

Net migration: +507^[5]
Moved in: 4,103
Moved out: 3,596

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 2
Middle: 1
High: 1

Silver Creek High School
High · Grades 9–12 · Silver Creek School Corporation
943 students
Silver Creek Elementary School
Elementary · Grades 2–5 · Silver Creek School Corporation
901 students
Silver Creek Middle School
Middle · Grades 6–8 · Silver Creek School Corporation
754 students
Rock Creek Community Academy
Other · Grades K–12 · Rock Creek Community Academy
637 students
Silver Creek Primary School
Elementary · Grades PK–1 · Silver Creek School Corporation
506 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.4%

Net yield (after ~40% expenses)3.2%

Annual rent$16,144

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,525

Loan principal$241,299

Down payment$60,325

Total interest paid$307,764

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.45

Monthly cost to own$1,955

Monthly rent$1,345

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 22nd percentile^[1]
Rental yield: 29th percentile^[2]
Property tax: 42nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 47172?: The typical home in 47172 is worth $301,624, based on the Zillow Home Value Index.
Are home values rising in 47172?: Home values in 47172 are up 1.5% over the past year, and up 4.6% a year over five years.
What is the typical rent in 47172?: A typical home in 47172 rents for about $1,345 a month, a gross rental yield of 5.4%.
What is the property tax rate in 47172?: The effective property tax rate in 47172 is 0.7% — roughly $2,154 a year on a typical home.
Who lives in 47172?: ZIP code 47172 has a population of 21,045 and a median household income of $82,503.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

47143 vs 47172 →
Memphis CDP, IN
Typical home
$301,470
Gross yield
—
40165 vs 47172 →
Shepherdsville, KY
Typical home
$298,608
Gross yield
6.6%
47141
IN
Typical home
$305,308
Gross yield
—
40109
Brooks CDP, KY
Typical home
$305,312
Gross yield
—
47111
Charlestown, IN
Typical home
$305,638
Gross yield
5.7%
47106
Borden, IN
Typical home
$306,297
Gross yield
—

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#Jump to section

U.S. ZIP Code · IN47172

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