Zip lookup · IN

47561
Oaktown, Indiana.

Oaktown, Knox County, IN · Vincennes, IN metro · population 1,442

What it costs per month · 47561 $927/mo

to buy the typical home at today's mortgage rate — +$556 (+150%) since Jan 2020.

What the home itself did
1 year
Up $6,375 +4%
$170,177$176,552 since Sep 2025
5 years
Up $48,837 +38%
$127,715$176,552 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 47561 $927 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 47561$927
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 11 years.

Typical home values in zip 47561 rose 3.7% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Knox County, IN 94% · Sullivan County, IN 6%

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

Typical home value $176,552 as of Sep 2026
+3.7%year on year

Typical home value — 47561

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 47561 $176,552 Vincennes $158,882 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 47561$176,552
  • Vincennes$158,882
  • 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
6.5 47516 Bruceville 988 — $220,633
6.6 47535 Freelandville 807 — $123,105
7.6 47838 Carlisle 4,089 — $151,935
8.3 47512 Bicknell 4,243 — $100,471
9.1 47528 Edwardsport 457 — $143,030
12.0 62427 Flat Rock 1,730 — $167,803
13.2 62451 Palestine 2,055 — $110,709
13.3 62439 Lawrenceville 7,033 — $106,080
13.4 47578 Sandborn 566 — $157,823
15.8 47848 Dugger 1,333 — $132,943
16.0 47861 Merom 727 — $132,543
16.2 47882 Sullivan 8,735 — $175,725
16.3 47597 Wheatland 745 — $170,722
16.7 47591 Vincennes 25,168 — $170,081
16.8 47568 Plainville 538 — $165,815
18.9 47441 Linton 8,910 — $171,020
19.3 47529 Elnora 1,037 — $156,085
19.5 47501 Washington 18,612 — $186,922
19.8 62454 Robinson 10,477 — $139,959

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