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Area data

Centerpoint, IN — ZIP 47840

Population: 1,970 (Census ACS)

The median home value in ZIP 47840 (Centerpoint, IN) is $210,593 — up 9.9% over the past year. Homes sell for a median $255,000 after a median 153 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with strongwind, winterweather the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$210,593

Median home value

+9.9%

1-year change

153

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$210,593
1-year appreciation
+9.9%
3-year appreciation
+22.9%
5-year appreciation
+37.4%
10-year appreciation
+112.2%
All-time peak (2026-07)
$210,593
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$255,000
Median list price
$392,450
Median price per sqft
$139
1-year sale-price change
-85.0%
Median days on market
153 days
Homes sold (recent period)
1
For-sale inventory
5
Sale-to-list ratio
96.2%
Active listings
2
1-year forecast
+1.7%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$750/mo
1BR fair-market rent
$937/mo
2BR fair-market rent
$1,156/mo
3BR fair-market rent
$1,502/mo
4BR fair-market rent
$1,734/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
strongWind, winterWeather
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low
FEMA flood zone
A
Flood risk level
High
Wildfire risk to homes (county)
Higher than 6% of US counties
Buildings in wildfire direct-exposure zone
58.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Franklin Street Groundwater Contamination (17.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
49.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
3.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
4,112
Jobs reachable by transit (45 min)
4,881

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
George Rogers Clark National Historical Park (57 mi)
Airports within 30 mi
33
Nearest airport
Brazil Clay County Airport (5 mi)
Nearest major airport
Terre Haute Regional Airport, Hulman Field (HUF) (14 mi)
Hospitals nearby (~15 mi)
6
Hospitals include
UNION HOSPITAL INC, HAMILTON CENTER INC, TERRE HAUTE REGIONAL HOSPITAL
Avg hospital rating (CMS)
3.7 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+22 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,979
Housing built before 1970
41.1%
Housing built 2000 or later
24.7%
Median annual property tax
$685
Mean commute to work
27 min
Households with broadband internet
56.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
6,864
Average weekly wage
$838
Top industries (by employment)
Accommodation & Food, Other Services, Construction
Annual residential building permits (county)
68

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 47840State medianUS median
Median home value$210,593$237,170$289,727
Median sale price$255,000$238,000$325,000
Median days on market153 days38 days51 days
Median annual property tax$685$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 47840?
$210,593.
What is the median sale price in ZIP 47840?
$255,000.
How long do homes take to sell in ZIP 47840?
Median days on market: 153 days.
What is typical rent in ZIP 47840?
2-bedroom fair-market rent: $1,156/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 47840?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: strongWind, winterWeather.
Is ZIP 47840 in a flood zone?
High (FEMA NFIP). FEMA flood zone A.
What is the wildfire risk in ZIP 47840?
Risk to homes is higher than 6% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 47840?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 47840?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is ZIP 47840 walkable?
Walkability index: 3.3/20 (EPA Smart Location Database).
What is the cost of living in ZIP 47840?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents