46041 — Frankfort, IN Home Values
Typical home value $218,566 as of June 2026 · 8th of 8 in Frankfort, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46041, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46041 compares in the Frankfort, IN area
ZIP code 46041 (Frankfort, IN) has a typical home value of $218,566 as of June 2026, ranking 8th of 8 ZIP codes tracked in the Frankfort, IN area, more expensive than about 13% of ZIP codes in the metro. Prices here have moved +4.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +40.9%, from $155,142 in June 2021 to $218,566 in June 2026. Against observed rent, the typical home here sells for 23.9× the annual rent ($762/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Frankfort, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Frankfort.
Population and demographics
ZIP code 46041 has a population of 23,359, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 75.2% White, 22.6% Hispanic or Latino, 1.4% two or more races, 0.5% Black or African American, 0.4% Asian, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Frankfort Middle School | 329 N Maish Rd, Frankfort, IN | 0.9 mi |
| Frankfort High School | 1 S Maish Rd, Frankfort, IN | 1 mi |
| Suncrest Elementary School | 1608 W Kyger St, Frankfort, IN | 1.9 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 46041?
$218,566 as of June 2026, the latest month Zillow has published observed data for.
Is 46041 an expensive ZIP code in the Frankfort, IN area?
46041 ranks 8th of 8 ZIP codes in the Frankfort, IN area by typical home value, more expensive than about 13% of ZIP codes in the metro.
How much have home values in 46041 changed over the past year?
+4.6% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 46041?
The typical home price is 23.9× the observed annual rent in this ZIP code ($762/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 46041?
23,359, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46041?
Frankfort Middle School (0.9 mi), Frankfort High School (1 mi), Suncrest Elementary School (1.9 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 46041?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Frankfort, 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.