47981 — Romney, IN Home Values
Typical home value $334,204 as of June 2026 · 4th of 29 in Lafayette-West Lafayette, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47981, June 2021 to June 2026. This page shows observed data only; no forecast.
How 47981 compares in the Lafayette-West Lafayette, IN area
ZIP code 47981 (Romney, IN) has a typical home value of $334,204 as of June 2026, ranking 4th of 29 ZIP codes tracked in the Lafayette-West Lafayette, IN area, more expensive than about 90% of ZIP codes in the metro. Prices here have moved +1.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.9%, from $255,241 in June 2021 to $334,204 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Lafayette-West Lafayette, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lafayette.
Population and demographics
ZIP code 47981 has a population of 915, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94% White, 4.6% Hispanic or Latino, and 1.4% two or more races.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Southwestern Middle School | 2100 W 800 S, Lafayette, IN | 3.5 mi |
| Mintonye Elementary School | 2000 W 800 S, Lafayette, IN | 3.5 mi |
| Mayflower Mill Elementary School | 200 E 500 S, Lafayette, IN | 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 47981?
$334,204 as of June 2026, the latest month Zillow has published observed data for.
Is 47981 an expensive ZIP code in the Lafayette-West Lafayette, IN area?
47981 ranks 4th of 29 ZIP codes in the Lafayette-West Lafayette, IN area by typical home value, more expensive than about 90% of ZIP codes in the metro.
How much have home values in 47981 changed over the past year?
+1.3% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 47981?
915, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47981?
Southwestern Middle School (3.5 mi), Mintonye Elementary School (3.5 mi), Mayflower Mill 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 47981?
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 Lafayette-West Lafayette, 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.