46127 — Falmouth, IN Home Values
Typical home value $264,194 as of June 2026 · 1st of 3 in Connersville, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46127, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46127 compares in the Connersville, IN area
ZIP code 46127 (Falmouth, IN) has a typical home value of $264,194 as of June 2026, ranking 1st of 3 ZIP codes tracked in the Connersville, IN area, the most expensive ZIP code in the metro. Prices here have moved +6.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +38.7%, from $190,436 in June 2021 to $264,194 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Connersville, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Connersville.
Population and demographics
ZIP code 46127 has a population of 431, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 100% White.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Mays Community Academy | 929 E South Street, Mays, IN | 6.3 mi |
| Fayette Central Elementary | 2928 N CR 225 W, Connersville, IN | 7.6 mi |
| Tri Junior-Senior High School | 6972 S St Rd 103, Straughn, IN | 8.2 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 46127?
$264,194 as of June 2026, the latest month Zillow has published observed data for.
Is 46127 an expensive ZIP code in the Connersville, IN area?
46127 ranks 1st of 3 ZIP codes in the Connersville, IN area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 46127 changed over the past year?
+6.8% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 46127?
431, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46127?
Mays Community Academy (6.3 mi), Fayette Central Elementary (7.6 mi), Tri Junior-Senior High School (8.2 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 46127?
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 Connersville, 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.