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Morocco 47963

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Indiana
$103K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
11
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$189K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2019 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
JanAprJulOct
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
JanAprJulOct
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
JanAprJulOct
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
JanAprJulOct
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
JanAprJulOct
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
JanAprJulOct
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
2016201720182020202220242026

Housing Stock

HomesHow many homes we have records for in this area.916
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$189K
Median sizeThe middle home size here, measured in square feet.1,624 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1955
Single familyThe share of homes here that are single-family houses.78%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.81%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.2.2%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.74%
Company ownedThe share of homes owned by a company or trust instead of a person.14%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.25%
Typical ownership tenureHow long the typical owner here has held their home.126.7 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.123
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.4%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.2,100
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.19 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$67K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$72K
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Morocco 47963 compares

By median home value, Morocco 47963 is the 3rd most expensive of 7 ZIP codes in Newton County, and its typical home is worth more than 40% of all homes in Newton County.

Home values in Morocco 47963

Share of homes at each estimated value.

Median
$62K$543K
ZIP codes in Newton County ranked by median home value
#Newton CountyMedian valueHomes
1Lake Village 46349$331K1,434
2Thayer 46381$214K114
3Morocco 47963$189K916
4Kentland 47951$162K902
5Brook 47922$154K655
6Goodland 47948$135K572
7Sumava Resorts 46379$121K161

About the Morocco 47963 market

What is the median home price in Morocco 47963, IN?

The median sale price in Morocco 47963, IN is $103,188 (data through April 2019), based on deeds recorded with the county.

How many homes sell in Morocco 47963, IN each year?

11 homes sold in Morocco 47963, IN over the last 12 months (data through April 2019). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Morocco 47963, IN?

Morocco 47963, IN contains 916 residential properties, with a median of 1,624 square feet, 3 bedrooms, built around 1955. The median TopHap Estimate is $189K.

How does Morocco 47963, IN compare to the rest of Newton County?

By median home value, Morocco 47963, IN is the 3rd most expensive of 7 ZIP codes in Newton County. Its typical home is worth more than 40% of all homes in Newton County. Thayer 46381 ranks just above it and Kentland 47951 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Morocco 47963, IN?

74% of homes in Morocco 47963, IN are owner-occupied. 14% are held by a company rather than an individual.

How much equity do owners in Morocco 47963, IN hold?

81% of mortgaged homes in Morocco 47963, IN are equity-rich, meaning the loan balance is under half the home's value. 2.2% owe more than the home is worth.

Nearby markets

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Explore Morocco 47963 on the map

See every recorded sale, price heat map, school zone and flood overlay across Morocco 47963 in TopHap’s interactive 3D map.

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