47224
Canaan, Indiana.
Canaan, Jefferson County, IN · Madison, IN metro · population 523
to buy the typical home at today's mortgage rate — +$1,100 (+179%) since Jan 2020.
- 1 year
- Up $19,125 +6%
- $307,720$326,845 since Sep 2025
- 5 years
- Up $100,132 +44%
- $226,713$326,845 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.
- 47224$1,716
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in zip 47224 rose 6.2% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Jefferson County, IN 68% · Switzerland County, IN 32%
Typical home value — 47224
Mid-tier homes, smoothed and seasonally adjusted.
- 47224$326,845
- Madison$237,971
- 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 |
|---|---|---|---|---|---|
| 4.3 | 47017 | Cross Plains | 540 | — | $298,935 |
| 8.5 | 47011 | Bennington | 1,420 | — | $329,783 |
| 8.5 | 47250 | Madison | 22,884 | $1,500 | $241,132 |
| 8.7 | 47042 | Versailles | 3,839 | — | $253,027 |
| 9.3 | 47043 | Vevay | 4,852 | — | $243,721 |
| 10.1 | 47018 | Dillsboro | 4,166 | — | $305,214 |
| 14.8 | 47231 | Dupont | 675 | — | $225,845 |
| 15.1 | 47023 | Holton | 2,132 | — | $269,154 |
| 15.2 | 40045 | Milton | 3,251 | — | $228,078 |
| 15.9 | 41045 | Ghent | 1,203 | — | $191,937 |
| 16.1 | 47040 | Rising Sun | 5,275 | — | $260,975 |
| 16.1 | 47032 | Moores Hill | 3,285 | — | $287,615 |
| 16.3 | 41008 | Carrollton | 7,698 | — | $181,302 |
| 16.6 | 47020 | Florence | 1,177 | — | $269,698 |
| 17.1 | 47031 | Milan | 5,659 | — | $273,312 |
| 18.0 | 47223 | Butlerville | 1,268 | — | $204,407 |
| 18.6 | 47001 | Aurora | 10,696 | — | $282,851 |
| 19.5 | 41083 | Sanders | 1,663 | — | $225,153 |
| 19.7 | 47037 | Osgood | 4,330 | — | $245,387 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.