Zip lookup · IN

47223
Butlerville, Indiana.

Butlerville, Jennings County, IN · North Vernon, IN metro · population 1,268

What it costs per month · 47223 $1,073/mo

to buy the typical home at today's mortgage rate — +$677 (+171%) since Jan 2020.

What the home itself did
1 year
Up $9,720 +5%
$194,688$204,407 since Sep 2025
5 years
Up $57,789 +39%
$146,618$204,407 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 47223 $1,073 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 47223$1,073
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in zip 47223 rose 5.0% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Butlerville, IN — measured over the city limits, which is a different area from this zip.

Typical home value $204,407 as of Sep 2026
+5.0%year on year

Typical home value — 47223

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 47223 $204,407 North Vernon $223,079 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 47223$204,407
  • North Vernon$223,079
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
5.9 47023 Holton 2,132 — $269,154
8.4 47282 Vernon 193 — $144,489
8.4 47265 North Vernon 20,937 — $214,602
9.7 47283 Westport 4,305 — $235,406
10.9 47231 Dupont 675 — $225,845
11.5 47037 Osgood 4,330 — $245,387
12.6 47042 Versailles 3,839 — $253,027
13.7 47273 Scipio 1,800 — $254,715
15.6 47227 Commiskey 1,177 — $266,813
16.3 47244 Hartsville 533 — $268,491
17.2 47232 Elizabethtown 2,316 — $291,068
17.7 47250 Madison 22,884 $1,500 $241,132
18.0 47224 Canaan 523 — $326,845
18.3 47017 Cross Plains 540 — $298,935
18.3 47031 Milan 5,659 — $273,312
18.5 47240 Greensburg 21,484 — $263,592
19.6 47270 Paris Crossing 510 — $236,601
19.7 47230 Deputy 2,086 — $229,358

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.