46057 — Michigantown, IN Home Values
Typical home value $245,622 as of June 2026 · 4th of 8 in Frankfort, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46057, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46057 compares in the Frankfort, IN area
ZIP code 46057 (Michigantown, IN) has a typical home value of $245,622 as of June 2026, ranking 4th of 8 ZIP codes tracked in the Frankfort, IN area, more expensive than about 63% of ZIP codes in the metro. Prices here have moved +5.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +40.0%, from $175,387 in June 2021 to $245,622 in June 2026.
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 46057 has a population of 1,061, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 78.3% White, 17.8% Hispanic or Latino, 3.6% two or more races, and 0.3% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Clinton Central Junior-Senior HS | 815 N SR 29, Michigantown, IN | 2.8 mi |
| Clinton Central Elementary School | 725 N SR 29, Michigantown, IN | 2.9 mi |
| Frankfort Middle School | 329 N Maish Rd, Frankfort, IN | 6.6 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 46057?
$245,622 as of June 2026, the latest month Zillow has published observed data for.
Is 46057 an expensive ZIP code in the Frankfort, IN area?
46057 ranks 4th of 8 ZIP codes in the Frankfort, IN area by typical home value, more expensive than about 63% of ZIP codes in the metro.
How much have home values in 46057 changed over the past year?
+5.5% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 46057?
1,061, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46057?
Clinton Central Junior-Senior HS (2.8 mi), Clinton Central Elementary School (2.9 mi), Frankfort Middle School (6.6 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 46057?
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.