ZIP
47840
IN · County 18021 · pop 1,903 (population)
43.5
Opportunity Index
STRONG_BUYNational rank #525
Why This ZIP
ZIP 47840 ranks #525 nationally with phase STRONG_BUY. Primary driver: BANK_INSTITUTIONAL. Capital opportunity score is 42.7, signal coverage 7/10 (88% data coverage, HIGH confidence).
ZIP 47840 — Historical Price + Stress Trajectory
50 years FHFA HPI · 2.3 years quarterly stress signalsloading…
Overlay:
🟡 HPI Index (left axis) = FHFA House Price Index annual values from FHFA HPI-AT-BDL ZIP5 dataset · 1975–2025 · base 100. Overlay (right axis) = quarterly stress signal blended with annual HPI YoY where available. annual + quarterly data points loaded.
Parent County 18021 — ZIP 47840 highlighted
Opportunity Index 0-100 · As of — · Auto-refresh 60s
★ 0 sweet
0 buyers-market
0 ZIPs
Parent County 18021 — ZIP 47840 highlightedNational 5y🔥 top = HOT zips · ⊘ bottom = BAD · hover for values
ZIPs in Parent County 18021 — ZIP 47840 highlighted — ranked by opportunity
click any row to drill in · gold ★ = sweet spot| # | ZIP | Opp | Phase | Driver | Action | Bank Mv | Cap Rdy | Disc% | Vac% | Short | REO | Why |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No ZIPs for this county. | ||||||||||||
▲ Top 3 Bullish Signals
| Listings Discount | 62.1 |
| Property Stress | 18.0 |
| Vacancy | 15.5 |
▼ Top 3 Risk Signals
| Bank Institutional | 79.1 |
| Construction Pressure | 73.7 |
⚠ Missing Data
Auction / REOFL Deep BonusHOA / Federal LiensInsurance Distress
Coverage: 88%
Confidence: HIGH
⇅ Rank
National rank#525
PhaseSTRONG_BUY
Primary driverBANK_INSTITUTIONAL
Capital opp42.7
Pulse score44.0
Signal Breakdown — 10 Categories
Vacancy
15.5
Auction / REO
—
Construction Pressure
73.7
FL Deep Bonus
—
Property Stress
18.0
HOA / Federal Liens
—
Listings Discount
62.1
Bank Institutional
79.1
Insurance Distress
0.0
Foreclosure / Delinquency
14.0
Top-Line Metrics
Avg DOM (days)
80.0
Price Cut %
—%
Short-Sale Listings
1
Auction Events 90d
—
Vacancy %
15.5%
Bank Score
79.1
Insurance Score
0.0
Listings Discount
62.1
Benchmark vs County vs State vs National
| Tier | Pulse | FC | Ins | Disc |
|---|---|---|---|---|
| ZIP 47840 | 44.0 | 15.2 | 0.0 | 62.1 |
| County 18021 | 35.4 | 16.1 | 0.0 | 45.3 |
| IN state avg | 31.4 | 14.7 | 0.0 | 33.2 |
| National | 31.0 | 17.4 | 0.4 | 28.4 |
Related ZIPs — Same County (10)
| ZIP | Opp | Phase | Driver | Disc | Stress |
|---|---|---|---|---|---|
| 47427 | 42.5 | STRONG_BUY | VACANCY | 63 | 22 |
| 47881 | 40.8 | STRONG_BUY | VACANCY | 59 | 18 |
| 47837 | 40.0 | PEAK_OPPORTUNITY | VACANCY | 51 | 24 |
| 47834 | 39.4 | PEAK_OPPORTUNITY | BANK_INSTITUTIONAL | 57 | 19 |
| 47868 | 38.7 | PEAK_OPPORTUNITY | VACANCY | 48 | 22 |
| 47874 | 37.2 | PEAK_OPPORTUNITY | VACANCY | 48 | 23 |
| 47833 | 36.3 | WATCHLIST | LISTINGS_DISCOUNT | 51 | 20 |
| 47438 | 35.0 | WATCHLIST | LISTINGS_DISCOUNT | 43 | 17 |
| 47841 | 33.8 | EARLY_SIGNAL | BANK_INSTITUTIONAL | — | 18 |
| 47857 | 32.3 | EARLY_SIGNAL | VACANCY | — | 18 |
DLRadar data · last update 10/20/2026, 9:32:01 AM
API: /api/economic-pulse/zip/47840
Methodology: the opportunity index blends the pulse reading with capital opportunity. Signals from methodology.