What is the median home value in ZIP 47581 in Martin County, IN?

The median home value in ZIP 47581 in Martin County, IN is $150,400, according to the latest Census ACS 5-Year Estimates.

How much new construction is happening in Martin County, IN?

Martin County has 9,854 residents and issued 24 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Indiana

Martin County

ZIP 47581

9,854 residents24 permits TTM$65,345 median HHI2 ZIP codesUpdated April 16, 2026

Investor first look

Median home value

$150,400

ACS 5-Year

Cap rate proxy

5.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

11.8%

HUD FMR ÷ ACS HHI

Net migration

+1.10%

IRS SOI

Permits (TTM)

Census BPS

Climate risk

12.3

FEMA NRI (0–100)

ZIP 47581

Median home value

—

Gross yield

—

Buy Box score

0.5

Section 8 gap

—

Affordability

P/I: 2.8R/I: —

Section 8 detail

SAFMR: —Rent: —Gap: —

ZIP code breakdown2 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Buy Box score ↓	Section 8 gap
47581	—	—	—	0.5	—
47553	—	—	—	0.3	—

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

78.2%

Census ACS

Vacancy rate

14.3%

Census ACS

Bachelor's degree +

13.2%

Census ACS

Rent burdened

33.7%

Census ACS (>30% income)

Median age

41.8

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 16, 2026