47590 — Velpen, IN Home Values
Typical home value $255,045 as of August 2026 · 6th of 17 in Jasper, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47590, August 2021 to August 2026. This page shows observed data only; no forecast.
How 47590 compares in the Jasper, IN area
ZIP code 47590 (Velpen, IN) has a typical home value of $255,045 as of August 2026, ranking 6th of 17 ZIP codes tracked in the Jasper, IN area, more expensive than about 71% of ZIP codes in the metro. Prices here have moved +9.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +39.1%, from $183,376 in August 2021 to $255,045 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Jasper, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Jasper.
Population and demographics
ZIP code 47590 has a population of 550, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 98.7% White, and 1.3% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Winslow Elementary School | 301 E Porter St, Winslow, IN | 6.8 mi |
| Otwell Miller Academy | 9958 East County Road 150 N, Otwell, IN | 7 mi |
| Ireland Elementary School | 2386 N 500 W, Ireland, IN | 7.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 47590?
$255,045 as of August 2026, the latest month Zillow has published observed data for.
Is 47590 an expensive ZIP code in the Jasper, IN area?
47590 ranks 6th of 17 ZIP codes in the Jasper, IN area by typical home value, more expensive than about 71% of ZIP codes in the metro.
How much have home values in 47590 changed over the past year?
+9.3% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 47590?
550, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47590?
Winslow Elementary School (6.8 mi), Otwell Miller Academy (7 mi), Ireland Elementary School (7.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 47590?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Jasper, IN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.