47501 — Washington, IN Home Values
Typical home value $195,868 as of June 2026 · 5th of 7 in Washington, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47501, June 2021 to June 2026. This page shows observed data only; no forecast.
How 47501 compares in the Washington, IN area
ZIP code 47501 (Washington, IN) has a typical home value of $195,868 as of June 2026, ranking 5th of 7 ZIP codes tracked in the Washington, IN area, more expensive than about 43% of ZIP codes in the metro. Prices here have moved +5.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +32.0%, from $148,339 in June 2021 to $195,868 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Washington, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Washington.
Population and demographics
ZIP code 47501 has a population of 18,335, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 81.6% White, 9.7% Hispanic or Latino, 5.2% two or more races, 2.8% Black or African American, 0.4% Asian, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Washington Upper Elementary | 600 NE 6th St, Washington, IN | 0.4 mi |
| Washington Junior High School | 210 NE 6th St, Washington, IN | 0.4 mi |
| Washington High School | 608 E Walnut St, Washington, IN | 0.4 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 47501?
$195,868 as of June 2026, the latest month Zillow has published observed data for.
Is 47501 an expensive ZIP code in the Washington, IN area?
47501 ranks 5th of 7 ZIP codes in the Washington, IN area by typical home value, more expensive than about 43% of ZIP codes in the metro.
How much have home values in 47501 changed over the past year?
+5.0% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 47501?
18,335, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47501?
Washington Upper Elementary (0.4 mi), Washington Junior High School (0.4 mi), Washington High School (0.4 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 47501?
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 Washington, 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.