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Fontanet CDP, IN

ZIP 47874 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47874

Median Home Value
$130,600
Median Rent
$438
Affordability Snapshot
$36,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$839/mo PITI).

9%
Rent-to-Income Ratio

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

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.8 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 47874 in Fontanet CDP, IN, a household would need roughly $36,000 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 $839. That sits below the local median household income ($58,125), 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
88.5%+35% vs US avg
x
Vacancy Rate
12.8%+24% vs US avg
x
Broadband Access
85.3%-2% vs US avg
x
4+ Bedrooms
2.0%-87% vs US avg
x
Built Pre-1939
4.8%-62% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
4.9%-90% vs US avg
x
Mortgage-Free
35.4%-7% vs US avg
x
$130,600
Home Value
$438
Rent
1974
Year Built
2002
Moved In

Residents have lived here since ~2002 on average

Housing Structure

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

  • 1-unit detached82.9%
  • 1-unit attached0.0%
  • 2-9 units2.3%
  • 10+ units0.3%
  • Mobile home & other14.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$130,600
Median rent$438
Owner-occupied88.5%
Vacant12.8%
Price-to-income2.2x
Est. income to buy$36,000