Zip lookup · IN

47861
Merom, Indiana.

Merom, Sullivan County, IN · Terre Haute, IN metro · population 727

What it costs per month · 47861 $696/mo

to buy the typical home at today's mortgage rate — +$374 (+116%) since Jan 2020.

What the home itself did
1 year
Down $2,180 -2%
$134,723$132,543 since Sep 2025
5 years
Up $26,791 +25%
$105,752$132,543 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 47861 $696 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 47861$696
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 47861 fell 1.6% over the past year — slower than the nation's +1.2%.

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

Typical home value $132,543 as of Sep 2026
-1.6%year on year

Typical home value — 47861

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 47861 $132,543 Terre Haute $165,632 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 47861$132,543
  • Terre Haute$165,632
  • 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
5.4 62451 Palestine 2,055 — $110,709
8.5 47882 Sullivan 8,735 — $175,725
8.8 47849 Fairbanks 395 — $178,774
11.3 62454 Robinson 10,477 — $139,959
12.3 62478 West York 333 — $159,105
12.6 47838 Carlisle 4,089 — $151,935
13.3 47879 Shelburn 2,640 — $152,611
14.2 47850 Farmersburg 2,104 — $153,160
14.2 62427 Flat Rock 1,730 — $167,803
16.0 47561 Oaktown 1,442 — $176,552
16.5 47848 Dugger 1,333 — $132,943
16.5 47855 Hymera 937 — $71,093
18.9 62449 Oblong 2,951 — $128,167
19.5 47535 Freelandville 807 — $123,105
19.9 47866 Pimento 733 — $196,808

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