47320 — Albany, IN Home Values
Typical home value $202,243 as of June 2026 · 6th of 12 in Muncie, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47320, June 2021 to June 2026. This page shows observed data only; no forecast.
How 47320 compares in the Muncie, IN area
ZIP code 47320 (Albany, IN) has a typical home value of $202,243 as of June 2026, ranking 6th of 12 ZIP codes tracked in the Muncie, IN area, more expensive than about 58% of ZIP codes in the metro. Prices here have moved +6.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +44.7%, from $139,765 in June 2021 to $202,243 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Muncie, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Muncie.
Population and demographics
ZIP code 47320 has a population of 4,486, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95.9% White, 1.9% two or more races, 1.5% Hispanic or Latino, 0.5% Asian, and 0.2% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Albany Elementary School | 700 W State St, Albany, IN | 2.4 mi |
| Delta High School | 3400 E SR 28, Muncie, IN | 4 mi |
| Delta Middle School | 9800 N CR 200 E, Muncie, IN | 4 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 47320?
$202,243 as of June 2026, the latest month Zillow has published observed data for.
Is 47320 an expensive ZIP code in the Muncie, IN area?
47320 ranks 6th of 12 ZIP codes in the Muncie, IN area by typical home value, more expensive than about 58% of ZIP codes in the metro.
How much have home values in 47320 changed over the past year?
+6.2% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 47320?
4,486, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47320?
Albany Elementary School (2.4 mi), Delta High School (4 mi), Delta Middle School (4 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 47320?
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 Muncie, 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.