46538 — Leesburg, IN Home Values
Typical home value $370,545 as of June 2026 · 2nd of 13 in Warsaw, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46538, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46538 compares in the Warsaw, IN area
ZIP code 46538 (Leesburg, IN) has a typical home value of $370,545 as of June 2026, ranking 2nd of 13 ZIP codes tracked in the Warsaw, IN area, more expensive than about 92% of ZIP codes in the metro. Prices here have moved +5.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.5%, from $288,358 in June 2021 to $370,545 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Warsaw, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Warsaw.
Population and demographics
ZIP code 46538 has a population of 4,369, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.3% White, 5% Hispanic or Latino, 2.7% two or more races, 0.5% Asian, and 0.5% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Leesburg Elementary School | 6250 N Old SR 15, Leesburg, IN | 1.1 mi |
| Madison Elementary School | 1436 W 300 N, Warsaw, IN | 4.4 mi |
| Harrison Elementary School | 1300 Husky Trl, Warsaw, IN | 5.2 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 46538?
$370,545 as of June 2026, the latest month Zillow has published observed data for.
Is 46538 an expensive ZIP code in the Warsaw, IN area?
46538 ranks 2nd of 13 ZIP codes in the Warsaw, IN area by typical home value, more expensive than about 92% of ZIP codes in the metro.
How much have home values in 46538 changed over the past year?
+5.8% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 46538?
4,369, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46538?
Leesburg Elementary School (1.1 mi), Madison Elementary School (4.4 mi), Harrison Elementary School (5.2 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 46538?
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 Warsaw, 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.