47906 — West Lafayette, IN Home Values
Typical home value $367,948 as of August 2026 · 2nd of 29 in Lafayette-West Lafayette, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47906, August 2021 to August 2026. This page shows observed data only; no forecast.
How 47906 compares in the Lafayette-West Lafayette, IN area
ZIP code 47906 (West Lafayette, IN) has a typical home value of $367,948 as of August 2026, ranking 2nd of 29 ZIP codes tracked in the Lafayette-West Lafayette, IN area, more expensive than about 97% of ZIP codes in the metro. Prices here have moved +1.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.7%, from $292,655 in August 2021 to $367,948 in August 2026. Against observed rent, the typical home here sells for 16.5× the annual rent ($1,858/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 47906 has a population of 74,283, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 69.7% White, 15.9% Asian, 6.3% Hispanic or Latino, 4.6% Black or African American, 2.8% two or more races, 0.5% another race, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Klondike Elementary School | 3311 Klondike Rd, West Lafayette, IN | 1.8 mi |
| Klondike Middle School | 3307 Klondike Rd, West Lafayette, IN | 1.8 mi |
| Burnett Creek Elementary School | 5700 N 50 W, West Lafayette, 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 47906?
$367,948 as of August 2026, the latest month Zillow has published observed data for.
Is 47906 an expensive ZIP code in the Lafayette-West Lafayette, IN area?
47906 ranks 2nd of 29 ZIP codes in the Lafayette-West Lafayette, IN area by typical home value, more expensive than about 97% of ZIP codes in the metro.
How much have home values in 47906 changed over the past year?
+1.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 47906?
The typical home price is 16.5× the observed annual rent in this ZIP code ($1,858/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 47906?
74,283, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47906?
Klondike Elementary School (1.8 mi), Klondike Middle School (1.8 mi), Burnett Creek Elementary 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 47906?
No. Every number on this page is observed Zillow data as of August 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.