ZIP Code Market Report
47116 — Eckerty, IN
Data through February 2026 · Updated monthly
Avg Home Value
$195,138
▲ 1.5% year-over-year
Month-over-Month
+0.0%
▲ 0.0%
Single Family
$193,069
Condo / Co-op
--
The average home value in the 47116 ZIP code (Eckerty, INDIANA) is $195,138 as of February 2026. Home prices are rising, up 1.5% compared to last year.
A 3-bedroom home in 47116 is valued at $198,781.
The market in 47116 has a $193,238 spread between bottom-tier homes at $117,104 and top-tier homes at $310,342. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Crawford County market area in INDIANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Crawford County report.
Free Home Value Estimate
What's your home worth in 47116 (Eckerty)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
47116 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $194,841 | $195,080 | $195,138 | ▲ 0.2% |
| Single Family Value | $190,259 | $191,491 | $193,069 | ▲ 1.5% |
Home Values
47116 Home Value Trend
Historical home values for ZIP code 47116. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 47116
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $198,781 |
Property Types
Home Values by Property Type in 47116
How different property types compare in this ZIP code.
All Homes
$195,138
Single Family
$193,069
Bottom Tier
$117,104
Top Tier
$310,342
Data Sources and Methodology
Home value data for ZIP code 47116 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Eckerty?
Run your ARV and MAO instantly with live market data