46721 — Butler, IN Home Values
Typical home value $213,965 as of June 2026 · 6th of 7 in Auburn, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46721, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46721 compares in the Auburn, IN area
ZIP code 46721 (Butler, IN) has a typical home value of $213,965 as of June 2026, ranking 6th of 7 ZIP codes tracked in the Auburn, IN area, more expensive than about 29% of ZIP codes in the metro. Prices here have moved +7.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +43.1%, from $149,498 in June 2021 to $213,965 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Auburn, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Auburn.
Population and demographics
ZIP code 46721 has a population of 4,890, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 96.1% White, 1.5% Hispanic or Latino, 1.1% Asian, 1% two or more races, and 0.3% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Butler Elementary School | 1025 S Broadway, Butler, IN | 0.5 mi |
| Eastside Junior-Senior High School | 603 E Green St, Butler, IN | 0.7 mi |
| Edgerton Elementary School | 111 E River St, Edgerton, OH | 6.9 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 46721?
$213,965 as of June 2026, the latest month Zillow has published observed data for.
Is 46721 an expensive ZIP code in the Auburn, IN area?
46721 ranks 6th of 7 ZIP codes in the Auburn, IN area by typical home value, more expensive than about 29% of ZIP codes in the metro.
How much have home values in 46721 changed over the past year?
+7.1% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 46721?
4,890, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46721?
Butler Elementary School (0.5 mi), Eastside Junior-Senior High School (0.7 mi), Edgerton Elementary School (6.9 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 46721?
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 Auburn, 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.