47145, Milltown, IN Housing Market

ZIP code 47145's median home value is $208K, up 3.8% over the past year. Homes here sell in a median 2 days. Its PropertyIQ Score of 85 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

The 47145, Milltown, IN housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 47145 captures neighborhood-specific demand patterns within IN, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

Midwestern ZIP codes frequently offer entry prices far below national medians, but performance varies dramatically even within the same city. PropertyIQ scores individual ZIP codes to identify which neighborhoods show the demand signals — fast sales, rising price momentum, few price cuts — that predict near-term appreciation. Within the Midwest, ZIP code 47145's PropertyIQ Score of 85 ranks among the Midwest's stronger demand signals.

For 47145, Milltown, IN, PropertyIQ updates a hyperlocal score each month from four signals: twelve-month and three-month Zillow home-value momentum, Realtor.com median days on market, and the Realtor.com share of price-reduced listings. The score is computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a value above 50 means this ZIP's demand dynamics read stronger than its state. ZIP-level analysis captures neighborhood variation that county and metro scores smooth over.

Use PropertyIQ's analytics tools to evaluate 47145, Milltown, IN alongside other ZIP codes and investment opportunities. The interactive map, ZIP-level rankings, and AI-generated reports provide the hyperlocal market intelligence that separates informed decisions from guesswork.