Zip Code

47243

Hanover, INMadison, IN

Median home value in zip code 47243 (Hanover, IN) is $215K, up 6.0% year over year. Part of the Madison, IN metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Madison, IN metro →

Home Value$214,692
YoY Change
+6.0%
AFFORDABILITY

Enter your income for 47243 (Hanover).

$42,938 on $214,692
Affordable — 21.9% of income

Under the 28% guideline.

PITI$1,371
P/I21.9%
Afford$274K
Room+$59K
P&I $1,086Tax $152Ins $133
6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis

47243 is part of the Madison, IN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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47243 (Hanover, IN) Housing Market | CrashWatch