47342 — Gaston, IN Home Values
Typical home value $209,320 as of June 2026 · 5th of 12 in Muncie, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47342, June 2021 to June 2026. This page shows observed data only; no forecast.
How 47342 compares in the Muncie, IN area
ZIP code 47342 (Gaston, IN) has a typical home value of $209,320 as of June 2026, ranking 5th of 12 ZIP codes tracked in the Muncie, IN area, more expensive than about 67% of ZIP codes in the metro. Prices here have moved +4.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +38.8%, from $150,773 in June 2021 to $209,320 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Muncie, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Muncie.
Population and demographics
ZIP code 47342 has a population of 2,514, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 97.6% White, 1.5% Hispanic or Latino, 0.8% two or more races, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Wes-Del Elementary School | 500 Jackson St, Gaston, IN | 1 mi |
| Wes-Del Preschool | 201 Elm Street, Gaston, IN | 1.1 mi |
| Wes-Del Middle/Senior High School | 10000 N CR 600 W, Gaston, IN | 3.3 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 47342?
$209,320 as of June 2026, the latest month Zillow has published observed data for.
Is 47342 an expensive ZIP code in the Muncie, IN area?
47342 ranks 5th of 12 ZIP codes in the Muncie, IN area by typical home value, more expensive than about 67% of ZIP codes in the metro.
How much have home values in 47342 changed over the past year?
+4.0% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 47342?
2,514, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47342?
Wes-Del Elementary School (1 mi), Wes-Del Preschool (1.1 mi), Wes-Del Middle/Senior High School (3.3 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 47342?
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 Muncie, 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.