Home prices in ZIP code 47117 noticeably rose 10.5 percent year-over-year in this year, reaching [an average listing price of $127,897] from a previous $115,742. Inventory increased year-over-year, albeit minimally at 7.1 percent, from 14 to 15 listings. Nonetheless, a bigger scope allows buyers interested in this locale more options when narrowing down their search based on personal criteria. There are quite a few ranch-style homes in this area which make an excellent choice for smaller families or couples looking for low-maintenance properties on cozy lots. There are river views visible from several residential properties in ZIP code 47117, giving you a calm and peaceful feeling in your home. Homes in this area usually feature family rooms which provide a space for kids to play and for the whole family to spend time together.