47170, Scottsburg, IN

Scottsburg, Indiana is a small town located in the northeastern corner of the state. The population was just over 2,000 as of the 2010 census. Scottsburg is home to several businesses and industries, but its largest source of income comes from agriculture.

The 47170 zip code covers a small area in Scottsburg and includes just over 100 homes. Home prices in this zip code have been relatively stable over the past few years, with an average sale price of $128,000 as of January 2019. This is much lower than the statewide average sale price of $236,500 but still represents a healthy return on investment for those who purchase homes here.

One reason why home prices in this zip code are relatively stable is that there are not many new homes being built in Scottsburg. In fact, only six new homes were sold in 2018 and only two were sold in 2017. This lack of growth has kept demand low and allowed sellers to get more money for their properties than they would if there were more competition for buyers.

Another factor that has helped keep home prices stable in this zip code is that interest rates have remained low for quite some time now. As a result, homeowners who want to sell their homes can do so without having to worry about losing too much money on their investment.