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Home values, rents and more in ZIP code 47331 (Connersville, IN)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$159,000
Metro: $159,000 · U.S.: $366,000
Home values, past year
+1.4%
Metro: +1.4% · U.S.: +1.2%
Population
22,786
ACS 2020–24
Median household income
$58,967
Metro: $59,321 · U.S.: $80,734
ZIP codes around 47331, shaded by typical home value4733146173470124724047362473534737447024450564732747330453474614847346
  • Under $200k
  • $200k–$220k
  • $220k–$240k
  • $240k–$270k
  • $270k+
  • No data
ZIP codes around 47331, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 47331 is outlined.

How 47331 compares

The typical home in ZIP code 47331 (Connersville, IN) is worth about $159,000, according to the Zillow Home Value Index for September 2026. Home values in 47331 are about the same as the typical value in the Connersville metro area ($159,000) and 57% below the U.S. typical value ($366,000).

Over the past year, home values in 47331 rose 1.4%, compared with +1.4% in the Connersville metro area and +1.2% nationally.

The median household income is $58,967, against $59,321 in the Connersville metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 22,786 people live in 47331 (American Community Survey 2020–24).

47331 has the 78th-lowest typical home value of the 697 ZIP codes in Indiana with Zillow figures.

Part of: Connersville, IN · Fayette County, IN · Connersville metro area · Indiana

More for 47331 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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