47012, Brookville, IN

The 47012 zip code of Brookville, IN has a median home value of $128,000. This is lower than the Indiana median home value of $157,500. The Brookville area has seen a decrease in home values over the past five years. In 2012, the median home value was $137,000 and by 2016 it had decreased to $128,000.

There are several factors that could be contributing to this decrease in home values in the Brookville area. One reason could be that there are fewer homes for sale in this zip code than other areas of Indiana. Additionally, many homeowners may be underwater on their mortgages and are looking to sell their homes at a lower price than they owe on them. Finally, there is always the possibility that future prices will decline even further due to economic conditions or other factors.