The story of this market
The typical home in ZIP 47396 sells for about $244,500, or $129 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $833 a month.
ZIP 47396 — Yorktown
The Yorktown 47396 housing market remains stable with steady demand for single-family homes, driven by the area's reputation for quality schools and suburban appeal. While inventory is limited, the market shows consistent price appreciation and low vacancy rates. These conditions reflect a healthy, family-oriented market with strong local economic ties to the Muncie metropolitan area.
This ZIP is well-suited for families and professionals seeking a suburban lifestyle with high-quality schools and a quieter environment while remaining within commuting distance of Muncie.
Median prices moved up 5.2% year over year.
Homes spend a median of 60 days on market with 9.6 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.6% · poverty 4.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 47396, Delaware County IN
Crime rates in Yorktown are generally considered low compared to the broader Delaware County and Muncie metropolitan area, with a stable trend reported.
The area is primarily served by the Yorktown Community School Corporation, which is highly regarded regionally for its academic performance and extracurricular programs.
The region faces standard Midwestern climate risks, including occasional severe thunderstorms and wind events; flood risk is localized to specific low-lying areas near the White River.
Economic momentum is driven by proximity to Muncie's industrial and educational base, with steady residential development and infrastructure improvements supporting suburban expansion.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Commuters primarily utilize State Road 32 and I-69 to access employment hubs in Muncie and the broader Indianapolis metropolitan area.
The area features access to the Yorktown Sports Park, local trail systems, and proximity to the White River for outdoor activities, alongside suburban retail centers.
The rental market is characterized by low vacancy pressure and a limited supply of multi-family units, with rents showing a consistent upward trajectory.
The local economy is anchored by education, healthcare, and manufacturing sectors, with significant influence from nearby Ball State University and Muncie-based employers.
Transportation is primarily automobile-dependent, with State Road 32 serving as the main arterial corridor connecting the area to regional transit networks.
Development is focused on residential infill and expansion of suburban housing stock, with limited commercial development projects currently in the pipeline.
The Delaware County Assessor manages property valuations, utilizing a mass appraisal system based on market sales data and property characteristics.
Parcels are subject to Yorktown Community School Corporation levies and standard county-wide special districts for fire and emergency services.
Property insurance premiums are stable, reflecting the area's moderate risk profile for natural disasters and established building codes.
Data retrieved from US Census Bureau ZCTA 47396 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Major local facility for youth sports and community recreation.
Provides scenic views and recreational access points.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.