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Nashville town, IN

ZIP 47448 — 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 47448

Median Home Value
$245,600
Median Rent
$835
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,578/mo PITI).

15%
Rent-to-Income Ratio

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

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.5 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 47448 in Nashville town, IN, a household would need roughly $68,000 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 $1,578. That is roughly in line with the local median household income ($65,136). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
79.4%+21% vs US avg
x
Vacancy Rate
18.6%+80% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
26.2%-47% vs US avg
x
Mortgage-Free
44.8%+17% vs US avg
x
$245,600
Home Value
$835
Rent
1984
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached84.1%
  • 1-unit attached2.0%
  • 2-9 units5.0%
  • 10+ units6.2%
  • Mobile home & other2.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$245,600
Median rent$835
Owner-occupied79.4%
Vacant18.6%
Price-to-income3.8x
Est. income to buy$68,000