47901 — Lafayette, IN Home Values
Typical home value $251,621 as of July 2026 · 12th of 29 in Lafayette-West Lafayette, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47901, July 2021 to July 2026. This page shows observed data only; no forecast.
How 47901 compares in the Lafayette-West Lafayette, IN area
ZIP code 47901 (Lafayette, IN) has a typical home value of $251,621 as of July 2026, ranking 12th of 29 ZIP codes tracked in the Lafayette-West Lafayette, IN area, more expensive than about 62% of ZIP codes in the metro. Prices here have moved +0.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.1%, from $207,823 in July 2021 to $251,621 in July 2026. Against observed rent, the typical home here sells for 17.8× the annual rent ($1,180/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 Lafayette-West Lafayette, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lafayette.
Population and demographics
ZIP code 47901 has a population of 4,342, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 74.1% White, 14.4% Black or African American, 4.4% Asian, 4.4% Hispanic or Latino, 2.3% two or more races, and 0.4% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Thomas Miller Elementary School | 700 S 4th St, Lafayette, IN | 0.7 mi |
| Excel Center - Lafayette | 615 N 18th St 2nd Floor, Lafayette, IN | 0.8 mi |
| Murdock Elementary School | 2100 Cason St, Lafayette, IN | 0.8 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 47901?
$251,621 as of July 2026, the latest month Zillow has published observed data for.
Is 47901 an expensive ZIP code in the Lafayette-West Lafayette, IN area?
47901 ranks 12th of 29 ZIP codes in the Lafayette-West Lafayette, IN area by typical home value, more expensive than about 62% of ZIP codes in the metro.
How much have home values in 47901 changed over the past year?
+0.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 47901?
The typical home price is 17.8× the observed annual rent in this ZIP code ($1,180/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 47901?
4,342, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47901?
Thomas Miller Elementary School (0.7 mi), Excel Center - Lafayette (0.8 mi), Murdock Elementary School (0.8 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 47901?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Lafayette-West Lafayette, 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.