47596 — Knox County, Indiana Market Snapshot

Housing market data for zip code 47596 in Knox County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of February 2025

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Knox County county page for broader data.

Market Sales Data

1 sales in 2025

Source: Redfin

Median Sale Price

$83,000

Closed sales

Days to Sell

246

Median, listing to close

Homes Sold

1

Closed in 2025

Inventory

N/A

Conforming Loan Available

Most homebuyers in 47596 can comfortably use conventional financing. The median home price of $83,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 246 days on average, 47596 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Conforming Loan Feasibility

Most homebuyers in 47596 can comfortably use conventional financing. The median home price of $83,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 47596 are set at the county level.

2026 Loan Limits — Knox County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 47596

To purchase the median home at $83,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $786.

Monthly Payment

$786

Income Required

$33,682

Principal & Interest

$511/mo

Down Payment (5%)

$4,150

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 47596.

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Estimated Monthly Payment

$664

Principal & Interest$431
Property Tax$83
Insurance$150
Loan Amount$66,400
Total Interest$88,641
Income Required$28,443/yr

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