Zip lookup · IN

47581
Shoals, Indiana.

Shoals, Martin County, IN · population 3,009

What it costs per month · 47581 $985/mo

to buy the typical home at today's mortgage rate — +$632 (+179%) since Jan 2020.

What the home itself did
1 year
Up $2,443 +1%
$185,252$187,695 since Sep 2025
5 years
Up $54,927 +41%
$132,768$187,695 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 47581 $985 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 47581$985
  • 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 47581 rose 1.3% over the past year — in step with the nation.

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

Typical home value $187,695 as of Sep 2026
+1.3%year on year

Typical home value — 47581

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 47581 $187,695 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 47581$187,695
  • 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
7.7 47553 Loogootee 8,777 — $248,541
8.9 47469 West Baden Springs 1,567 — $200,318
12.6 47519 Cannelburg 378 — $303,678
12.6 47470 Williams 1,646 — $206,991
13.0 47527 Dubois 2,195 — $249,900
13.5 47432 French Lick 4,809 — $196,568
14.5 47446 Mitchell 9,133 — $189,042
15.0 47558 Montgomery 5,354 — $372,086
16.7 47562 Odon 4,967 — $289,027
18.6 47521 Celestine 905 — $303,861
18.8 47546 Jasper 22,191 $1,500 $272,605
18.9 47452 Orleans 5,152 — $195,563
19.0 47453 Owensburg 538 — $208,745
19.4 47454 Paoli 7,555 — $170,766

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