46788 — Spencerville, IN Home Values
Typical home value $471,820 as of June 2026 · 1st of 30 in Fort Wayne, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46788, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46788 compares in the Fort Wayne, IN area
ZIP code 46788 (Spencerville, IN) has a typical home value of $471,820 as of June 2026, ranking 1st of 30 ZIP codes tracked in the Fort Wayne, IN area, the most expensive ZIP code in the metro. Prices here have moved +9.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +38.6%, from $340,457 in June 2021 to $471,820 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Fort Wayne, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Fort Wayne.
Population and demographics
ZIP code 46788 has a population of 4,372, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 92.2% White, 4.6% Hispanic or Latino, and 3.2% two or more races.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Riverdale Elementary School | 6127 SR 1, Saint Joe, IN | 2.7 mi |
| Leo Elementary School | 14811 Wayne St, Leo, IN | 6.5 mi |
| Leo Junior/Senior High School | 14600 Amstutz Rd, Leo, IN | 6.8 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 46788?
$471,820 as of June 2026, the latest month Zillow has published observed data for.
Is 46788 an expensive ZIP code in the Fort Wayne, IN area?
46788 ranks 1st of 30 ZIP codes in the Fort Wayne, IN area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 46788 changed over the past year?
+9.0% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 46788?
4,372, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46788?
Riverdale Elementary School (2.7 mi), Leo Elementary School (6.5 mi), Leo Junior/Senior High School (6.8 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 46788?
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 Fort Wayne, 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.