46074 — Westfield, IN Home Values
Typical home value $509,749 as of June 2026 · 4th of 117 in Indianapolis-Carmel-Anderson, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46074, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46074 compares in the Indianapolis-Carmel-Anderson, IN area
ZIP code 46074 (Westfield, IN) has a typical home value of $509,749 as of June 2026, ranking 4th of 117 ZIP codes tracked in the Indianapolis-Carmel-Anderson, IN area, more expensive than about 97% of ZIP codes in the metro. Prices here have moved +2.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.8%, from $395,734 in June 2021 to $509,749 in June 2026. Against observed rent, the typical home here sells for 20.5× the annual rent ($2,070/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 Indianapolis-Carmel-Anderson, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Indianapolis.
Population and demographics
ZIP code 46074 has a population of 46,042, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 74.5% White, 8.9% Hispanic or Latino, 8% Asian, 5.4% two or more races, 2.4% Black or African American, and 0.8% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Maple Glen Elementary | 17171 Ditch Rd, Westfield, IN | 0.4 mi |
| Shamrock Springs Elementary School | 747 W 161st St, Westfield, IN | 1.2 mi |
| Oak Trace Elementary School | 16504 Oak Ridge Rd, Westfield, IN | 1.5 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 46074?
$509,749 as of June 2026, the latest month Zillow has published observed data for.
Is 46074 an expensive ZIP code in the Indianapolis-Carmel-Anderson, IN area?
46074 ranks 4th of 117 ZIP codes in the Indianapolis-Carmel-Anderson, IN area by typical home value, more expensive than about 97% of ZIP codes in the metro.
How much have home values in 46074 changed over the past year?
+2.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 46074?
The typical home price is 20.5× the observed annual rent in this ZIP code ($2,070/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 46074?
46,042, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46074?
Maple Glen Elementary (0.4 mi), Shamrock Springs Elementary School (1.2 mi), Oak Trace Elementary School (1.5 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 46074?
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 Indianapolis-Carmel-Anderson, 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.