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Oaktown 47561

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Indiana
$30K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$140K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jan 2019 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Housing Stock

HomesHow many homes we have records for in this area.654
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$140K
Median sizeThe middle home size here, measured in square feet.1,560 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1960
Single familyThe share of homes here that are single-family houses.73%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.73%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.73%
Company ownedThe share of homes owned by a company or trust instead of a person.12%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.9%
Typical ownership tenureHow long the typical owner here has held their home.126.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.111
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.124

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.79%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.7%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.2,044
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.27 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$51K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$79K
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

How Oaktown 47561 compares

By median home value, Oaktown 47561 is the 5th most expensive of 11 ZIP codes in Knox County, and its typical home is worth more than 52% of all homes in Knox County.

Home values in Oaktown 47561

Share of homes at each estimated value.

Median
$50K$431K
ZIP codes in Knox County ranked by median home value
#Knox CountyMedian valueHomes
1Bruceville 47516$184K597
2Monroe City 47557$168K609
3Vincennes 47591$148K9,324
4Wheatland 47597$145K474
5Oaktown 47561$140K654
6Sandborn 47578$128K378
7Edwardsport 47528$108K385
8Decker 47524$98K248
9Freelandville 47535$93K145
10Westphalia 47596$92K101
11Bicknell 47512$90K1,834

About the Oaktown 47561 market

What is the median home price in Oaktown 47561, IN?

The median sale price in Oaktown 47561, IN is $30,000 (data through January 2019), based on deeds recorded with the county.

How many homes sell in Oaktown 47561, IN each year?

1 homes sold in Oaktown 47561, IN over the last 12 months (data through January 2019). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Oaktown 47561, IN?

Oaktown 47561, IN contains 654 residential properties, with a median of 1,560 square feet, 3 bedrooms, built around 1960. The median TopHap Estimate is $140K.

How does Oaktown 47561, IN compare to the rest of Knox County?

By median home value, Oaktown 47561, IN is the 5th most expensive of 11 ZIP codes in Knox County. Its typical home is worth more than 52% of all homes in Knox County. Wheatland 47597 ranks just above it and Sandborn 47578 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Oaktown 47561, IN?

73% of homes in Oaktown 47561, IN are owner-occupied. 12% are held by a company rather than an individual.

How much equity do owners in Oaktown 47561, IN hold?

73% of mortgaged homes in Oaktown 47561, IN are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

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Explore Oaktown 47561 on the map

See every recorded sale, price heat map, school zone and flood overlay across Oaktown 47561 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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