46039 — Russiaville, IN Home Values
Typical home value $228,404 as of August 2026 · 5th of 8 in Frankfort, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46039, August 2021 to August 2026. This page shows observed data only; no forecast.
How 46039 compares in the Frankfort, IN area
ZIP code 46039 (Russiaville, IN) has a typical home value of $228,404 as of August 2026, ranking 5th of 8 ZIP codes tracked in the Frankfort, IN area, more expensive than about 50% of ZIP codes in the metro. Prices here have moved +7.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +33.3%, from $171,393 in August 2021 to $228,404 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Frankfort, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Frankfort.
Population and demographics
ZIP code 46039 has a population of 506, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 100% White.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Western Primary School | 2600 S 600 W, Russiaville, IN | 5.8 mi |
| Western Intermediate School | 2600 S 600 W, Russiaville, IN | 5.9 mi |
| Western High School | 2600 S 600 W, Russiaville, IN | 6 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 46039?
$228,404 as of August 2026, the latest month Zillow has published observed data for.
Is 46039 an expensive ZIP code in the Frankfort, IN area?
46039 ranks 5th of 8 ZIP codes in the Frankfort, IN area by typical home value, more expensive than about 50% of ZIP codes in the metro.
How much have home values in 46039 changed over the past year?
+7.6% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 46039?
506, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46039?
Western Primary School (5.8 mi), Western Intermediate School (5.9 mi), Western High School (6 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 46039?
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 Frankfort, 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.