47989
Waveland, Indiana.
Waveland, Montgomery County, IN · Crawfordsville, IN metro · population 1,274
to buy the typical home at today's mortgage rate — +$728 (+156%) since Jan 2020.
- 1 year
- Up $20,311 +10%
- $207,150$227,461 since Sep 2025
- 5 years
- Up $65,004 +40%
- $162,457$227,461 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.
- 47989$1,194
- 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 47989 rose 9.8% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Montgomery County, IN 65% · Parke County, IN 33% · Putnam County, IN 2%
Zillow also publishes an index for the city itself: Waveland, IN — measured over the city limits, which is a different area from this zip.
Typical home value — 47989
Mid-tier homes, smoothed and seasonally adjusted.
- 47989$227,461
- Crawfordsville$226,764
- 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 |
|---|---|---|---|---|---|
| 6.2 | 47859 | Marshall | 934 | — | $246,648 |
| 6.2 | 46175 | Russellville | 489 | — | $203,429 |
| 8.4 | 47965 | New Market | 490 | — | $175,247 |
| 10.7 | 47832 | Bloomingdale | 1,013 | — | $205,761 |
| 11.0 | 47872 | Rockville | 8,557 | — | $240,385 |
| 11.9 | 47990 | Waynetown | 1,374 | — | $210,933 |
| 12.5 | 47954 | Ladoga | 2,224 | — | $240,301 |
| 12.8 | 47949 | Hillsboro | 1,555 | — | $194,978 |
| 13.0 | 47933 | Crawfordsville | 28,357 | $1,035 | $232,421 |
| 13.3 | 46172 | Roachdale | 2,427 | — | $263,014 |
| 14.1 | 47952 | Kingman | 2,538 | — | $185,713 |
| 15.3 | 46105 | Bainbridge | 1,731 | — | $300,683 |
| 17.0 | 47968 | New Ross | 1,356 | — | $252,659 |
| 17.5 | 47862 | Montezuma | 1,438 | — | $124,139 |
| 18.0 | 46135 | Greencastle | 19,632 | — | $245,094 |
| 18.2 | 47837 | Carbon | 997 | — | $191,724 |
| 18.6 | 47987 | Veedersburg | 3,652 | — | $192,142 |
| 19.2 | 47966 | Newport | 346 | — | $76,571 |
| 19.9 | 47854 | Hillsdale | 902 | — | $198,971 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.