47331 — Connersville, IN Home Values
Typical home value $164,793 as of June 2026 · 3rd of 3 in Connersville, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47331, June 2021 to June 2026. This page shows observed data only; no forecast.
How 47331 compares in the Connersville, IN area
ZIP code 47331 (Connersville, IN) has a typical home value of $164,793 as of June 2026, ranking 3rd of 3 ZIP codes tracked in the Connersville, IN area, more expensive than about 33% of ZIP codes in the metro. Prices here have moved +4.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +46.5%, from $112,453 in June 2021 to $164,793 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Connersville, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Connersville.
Population and demographics
ZIP code 47331 has a population of 22,769, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 93.7% White, 3.2% two or more races, 1.5% Hispanic or Latino, 1.1% Black or African American, 0.3% American Indian or Alaska Native, and 0.2% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Whitewater Career Center | 1300 Spartan Dr, Connersville, IN | 0.7 mi |
| Connersville Sr High School | 1100 Spartan Dr, Connersville, IN | 0.8 mi |
| Frazee Elementary School | 600 W 3rd St, Connersville, IN | 1.2 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 47331?
$164,793 as of June 2026, the latest month Zillow has published observed data for.
Is 47331 an expensive ZIP code in the Connersville, IN area?
47331 ranks 3rd of 3 ZIP codes in the Connersville, IN area by typical home value, more expensive than about 33% of ZIP codes in the metro.
How much have home values in 47331 changed over the past year?
+4.0% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 47331?
22,769, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47331?
Whitewater Career Center (0.7 mi), Connersville Sr High School (0.8 mi), Frazee Elementary School (1.2 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 47331?
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 Connersville, 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.